Detrich Ellen 4

What Happened

• Ellen Detrich, Controller of Texas Capital Bancshares (TCBI), had performance units vest and convert into 1,373 shares on 2026-02-09. The conversion shows an acquisition of 264 and 1,109 shares at $0.00 (these were performance units that vested).
• To cover tax withholding, 79 shares were withheld/disposed at $104.62 for $8,265 and 311 shares were withheld/disposed at $104.62 for $32,537, for total withholding proceeds of $40,802. Net shares received after withholding were 983 shares (1,373 issued minus 390 withheld).

Key Details

• Transaction date: 2026-02-09; Form 4 filed 2026-02-10 (timely filing).
• Conversions/exercises: 264 and 1,109 shares acquired at $0.00 (vesting of performance units).
• Tax withholding: 79 shares disposed for $8,265 and 311 shares disposed for $32,537 (price $104.62).
• Shares owned after transaction: not specified in the supplied filing details.
• Footnote: These performance units were granted Feb 9, 2023 and vested Feb 9, 2026 based on applicable performance goals.

Context

• This was a vesting/conversion of performance-based awards rather than an open-market purchase or voluntary sale. The withholding of 390 shares to satisfy tax liabilities is a common administrative step (similar to a cashless exercise) and does not necessarily signal a buy or sell decision by the insider.