Scavuzzo Anthony 4

What Happened

• Anthony Scavuzzo, a director of Texas Community Bancshares, Inc. (TCBS), reported a purchase of 20,000 shares on 2026-06-10. The shares were acquired at $17.25 each, for a total reported cost of $345,000. The Form 4 lists the transaction as a purchase (code P), indicating an acquisition rather than a sale.

Key Details

• Transaction date and price: 2026-06-10 — 20,000 shares at $17.25/share.
• Total value: $345,000.
• Transaction type: Purchase (Form 4 code P); described as an open-market or private purchase on the filing.
• Shares owned after transaction: Not specified in the reported data.
• Filing timeliness: Report filed 2026-06-11 (the day after the transaction), indicating a timely filing.
• Relevant footnotes from the filing:
  • F1: Includes restricted stock that vests at 20% per year beginning August 31, 2023.
  • F2: Stock options vest at 20% per year beginning August 31, 2023.

Context

• Purchases by directors are often watched as a positive signal because they increase insider ownership, but filings alone don’t explain motivation. The filing shows this was an outright purchase (not an option exercise or award). The vesting footnotes refer to previously granted restricted shares and options that vest over time and do not change the nature of this reported open-market acquisition.