Baliff Jonathan 4

What Happened
Jonathan Baliff, a director of Texas Capital Bancshares Inc. (TCBI), exercised or converted derivative securities that resulted in 1,670 shares being acquired and the same 1,670 shares being disposed of on 2026-04-22. Both transactions are reported at $0.00 per share, so no cash consideration or proceeds are shown on the Form 4.

Key Details

• Transaction date: 2026-04-22 (filed 2026-04-23 — timely filing).
• Reported transactions: M = option/derivative exercise; 1,670 shares acquired at $0.00 and 1,670 shares disposed at $0.00.
• Shares owned after transaction: not reported in the provided filing.
• Footnotes: F1 = N/A.
• Filing timeliness: Appears timely (filed the next day); no late filing indicator.

Context
The filing shows a simultaneous acquisition and disposition of the same number of shares. That pattern commonly reflects a cashless exercise or immediate sale/transfer of option-derived shares, but the Form 4 does not show cash amounts or sale proceeds, so no dollar value can be confirmed from this report. This is a derivative (option) transaction (code M), not a straightforward open-market purchase or gift.