Glander Troy Andrew 4

What Happened

• Troy Andrew Glander, a director of Third Coast Bancshares, Inc. (TCBX), was granted 1,318 shares of restricted common stock on May 21, 2026. The grant is reported at $0.00 per share (award/grant), so no cash changed hands at grant.

Key Details

• Transaction date: 2026-05-21; Filing date (Form 4): 2026-05-26 (filed 5 days after the transaction; Form 4s are typically due within 2 business days).
• Transaction type/code: Award/Grant (A) — restricted common stock.
• Grant price: $0.00 per share as reported; total reported acquisition value $0.
• Shares granted: 1,318 restricted shares.
• Shares owned after transaction: Not specified in the supplied filing summary.
• Footnote: F1 — These are restricted common shares that vest on the anniversary of the grant date, subject to the award terms (i.e., not immediately tradable).

Context

• Restricted stock awards are typically part of compensation or long-term incentive plans and vest over time; they do not necessarily signal immediate insider sentiment about the stock. Because vesting is delayed, these shares cannot be sold until vesting conditions are met. The filing appears to have been submitted 5 days after the grant, which is later than the usual 2-business-day Form 4 deadline.