Bonnen Dennis 4

What Happened

• Dennis Bonnen, a director of Third Coast Bancshares, Inc. (TCBX), received a grant/award of 1,318 shares of restricted common stock on 2026-05-21. The reported acquisition price is $0.00, so no cash was paid in the transaction. This was a compensation award (not a market purchase or sale).

Key Details

• Transaction date: 2026-05-21; transaction type: Award/Grant (code A); price reported: $0.00 for 1,318 shares.
• Filing date / accession: Form 4 filed 2026-05-26 (Accession: 0001193125-26-239428). The filing was submitted five days after the transaction date and outside the typical two-business-day window for Form 4 filings.
• Shares owned after the transaction: not specified in the information provided in this summary.
• Footnote: These are restricted common stock shares that vest on the anniversary of the grant date, subject to the terms of the award.

Context

• Restricted stock awards are a common form of executive/director compensation and vest over time; they are not the same as open-market purchases and do not necessarily indicate a change in the insider’s market view. A late Form 4 filing is typically an administrative/timeliness issue and may be noted by regulators or investors, but it does not by itself explain the reason for the award.