Detrich Ellen 4
Research Summary
AI-generated summary
Texas Capital (TCBI) Controller Ellen Detrich Sells Shares
What Happened
Ellen Detrich, Controller of Texas Capital Bancshares, sold 2,045 shares in an open-market transaction on July 24, 2026. The filing reports an average price of $100.03 per share, for aggregate proceeds of approximately $204,561.
Key Details
- Transaction date: 2026-07-24; Form 4 filed: 2026-07-27 (timely).
- Transaction type: Open-market sale (code S).
- Shares sold: 2,045; reported average price: $100.03; total proceeds ≈ $204,561.
- Footnote: The $100.03 is an average based on prices ranging from $99.38 to $100.33; a full per-price breakdown is available on request (Footnote F1).
- Shares owned after the transaction: not specified in the provided filing.
- No 10b5‑1 plan, option exercise, gift, or tax‑withholding notation was reported in the summary data provided.
Context
This was a straightforward sale by a corporate officer. Sales can be routine (diversification, liquidity, tax planning) and do not by themselves indicate management’s view of company prospects; purchases are typically more informative about insider sentiment.