Third Coast Bancshares, Inc. 8-K

What Happened

• On July 2, 2026, Third Coast Bancshares, Inc. announced that its Board of Directors approved the continuation of its share repurchase program. Under the program the Company may repurchase up to $30.0 million of its common stock through June 30, 2027. Management notified the Federal Reserve Bank of Dallas of the continuation and issued a press release (filed as Exhibit 99.1). The 8-K was signed by CFO R. John McWhorter.

Key Details

• Amount authorized: up to $30.0 million of common stock.
• Term: repurchases may occur through June 30, 2027.
• Regulatory notice: management informed the Federal Reserve Bank of Dallas.
• Disclosure: press release dated July 2, 2026 filed as Exhibit 99.1 to the 8-K.

Why It Matters

• The continuation of the buyback program gives the company authority to repurchase shares and return capital to shareholders; actual impact depends on how much and when shares are repurchased.
• Investors should watch future disclosures (quarterly filings or separate announcements) for details on actual repurchase activity, timing and amounts.