Caraway Bart 4

What Happened Caraway Bart, Chairman, President and Chief Executive Officer of Third Coast Bancshares, was granted 32,136 shares of restricted common stock on March 15, 2026. The award was reported on a Form 4 filed March 17, 2026. The grant is reported at $0.00 per share (total $0 on the filing) and represents a compensation award rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-15; Form 4 filed: 2026-03-17 (timely filing).
• Transaction type: Award/Grant (code A) — 32,136 restricted shares at $0.00 per share.
• Shares owned after transaction: not disclosed in this filing.
• Footnote: Shares are restricted and vest in three equal annual installments beginning on the anniversary of the grant date, subject to award terms.
• No 10b5-1 plan, tax withholding, sale, or exercise noted in this filing.

Context This was a compensation grant to the company’s CEO, not an open-market purchase or sale. Restricted shares typically vest over time and are not immediately liquid, so this award reflects executive compensation rather than an immediate change in insider market exposure.