Long Thomas E 4
Research Summary
AI-generated summary
Texas Capital (TCBI) Director Thomas E. Long Receives 1,092-Share Award
What Happened
- Thomas E. Long, a director of Texas Capital Bancshares, Inc. (TCBI), was granted 1,092 shares as an award on 2026-04-28. The Form 4 lists the acquisition price as $0.00 and classifies the transaction as a derivative award (transaction code A). This was an award/grant of shares rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-28; Form 4 filed: 2026-04-29 (timely filing).
- Shares acquired: 1,092; reported price per share: $0.00 (award/derivative).
- Transaction code: A (award/grant of derivative securities).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 listed as N/A.
- Filing timeliness: filed the next day, not indicated as late.
Context
- The filing reports an award (compensation-related grant) rather than a purchase or sale. Such awards are commonly part of director or executive compensation and do not necessarily signal the insider buying or selling based on market views. As a derivative award, it may represent restricted stock, RSUs, or similar — the Form 4 does not detail vesting or settlement terms.