Third Coast Bancshares, Inc.·4

Jun 16, 4:30 PM ET

Glander Troy Andrew 4

4 · Third Coast Bancshares, Inc. · Filed Jun 16, 2026

Research Summary

AI-generated summary of this filing

Updated

Third Coast Bancshares (TCBX) Director Troy Glander Sells 2,500 Shares

What Happened
Troy Glander, a director of Third Coast Bancshares, reported an open-market sale of 2,500 shares on 2026-06-15. The filing shows a weighted-average sale price of $40.29 per share for total proceeds of approximately $100,728. The transaction is coded as a sale (S).

Key Details

  • Transaction date: 2026-06-15; Form 4 filed 2026-06-16 (timely filing).
  • Price details: weighted-average price $40.29; actual sale prices ranged from $39.84 to $40.54 per share (see footnote).
  • Shares disposed: 2,500; proceeds ≈ $100,728.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: the reporting person executed multiple same-day open-market sales and reported an aggregate using the weighted-average price; they will provide a breakdown of the number of shares sold at each separate price upon request.
  • Transaction code: S = Sale. No 10b5‑1 plan or option exercise noted.

Context
This was an open-market sale by a company director. Sales by insiders are common and can reflect routine portfolio management, tax planning, or other personal reasons; they do not by themselves indicate company performance. If you want the exact per-trade breakdown (numbers sold at each price between $39.84 and $40.54), the filer has committed to provide that detail on request.

Insider Transaction Report

Form 4
Period: 2026-06-15
Transactions
  • Sale

    Common Stock

    [F1]
    2026-06-15$40.29/sh2,500$100,72827,651 total
Footnotes (1)
  • [F1]The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $39.84 to $40.54 per share, inclusive. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
Signature
/s/ R. John McWhorter, attorney-in-fact|2026-06-16

Documents

1 file
  • 4
    ownership.xmlPrimary

    4