Glander Troy Andrew 4
Research Summary
AI-generated summary
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.