Ragusa Elysia Holt 4

What Happened
Ragusa Elysia Holt, a director of Texas Capital Bancshares Inc. (TCBI), executed a derivative transaction on 2026-04-22 (transaction code M). The filing shows an exercise/conversion that resulted in the acquisition of 1,670 shares and a same-day disposition of 1,670 shares. Both legs are reported at $0.00 per share in the filing.

Key Details

• Transaction date: 2026-04-22 (reported on Form 4 filed 2026-04-23). Filing appears timely (within required reporting window).
• Reported amounts: 1,670 shares acquired (M), 1,670 shares disposed (M). Reported price: $0.00 for both legs.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1: N/A.
• Transaction code: M (exercise or conversion of derivative).

Context
An "M" code indicates an exercise or conversion of a derivative (for example, option exercise or conversion of units). The immediate disposition of the same number of shares on the same date commonly reflects a cashless exercise, net settlement, or sale to cover exercise costs or taxes, but the filing itself does not state the insider’s motivation. The $0.00 price in the report often appears in conversions or internal-settlement entries and does not mean the shares had no market value.