Clark Ranjana B 4

What Happened

• Ranjana B. Clark, a director of Texas Capital Bancshares (TCBI), reported exercising/converting derivative awards and simultaneously disposing of shares on 2026-04-22.
• The filing shows an exercise/conversion entry for 1,670 shares acquired at $0.00 and a matching disposition of 1,670 shares also reported at $0.00. The filing lists no cash amount or sale proceeds for these entries.

Key Details

• Transaction date: 2026-04-22 (Form 4 filed 2026-04-23 — appears timely).
• Reported amounts/prices: 1,670 shares acquired (derivative exercise/conversion) @ $0.00; 1,670 shares disposed (derivative) @ $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = N/A.
• No indication in the provided data of a 10b5-1 plan, tax withholding, or late filing.

Context

• This was an option/derivative exercise (transaction code M) with a same-day disposition of the resulting shares. Same-day disposition often reflects a cashless/net exercise or an immediate sale/transfer to cover exercise costs or taxes, but the Form 4 here reports $0.00 and does not disclose sale proceeds or the method of disposition.
• As a director (not a reported 10% owner), this transaction is a routine insider exercise/disposition and should be viewed as a personal liquidity event rather than a clear signal about the company’s outlook.