Bobbora William 4
Research Summary
AI-generated summary
Third Coast (TCBX) EVP Bobbora Receives 3,549-Share Award
What Happened
- Bobbora William, Executive Vice President and Chief Banking Officer of Third Coast Bancshares, Inc. (TCBX), was granted 3,549 shares of restricted common stock on 2026-03-15. The grant price is reported as $0.00 (award), so no cash was paid by the insider.
Key Details
- Transaction type: Award/Grant (code A)
- Date of grant: 2026-03-15; Form 4 filed 2026-03-17 (no late filing indicated)
- Shares granted: 3,549 restricted common shares; reported acquisition value $0
- Vesting: Shares vest in three equal annual installments beginning on the first anniversary of the grant (per footnote)
- Shares owned after transaction: Not specified in the filing
Context
- This was an equity award as part of compensation, not an open-market purchase or sale. Such grants are common for executive compensation and do not itself signal a buy or sell preference.
- The vesting schedule means the shares will be delivered over time if service conditions are met; they are not immediately liquid.