Arbour Paola M 4

What Happened
Paola Arbour, a director of Texas Capital Bancshares (TCBI), was granted a derivative award of 1,092 shares on April 28, 2026. The Form 4 reports the acquisition at $0.00 per share (total reported value $0), indicating these shares were issued as an award/compensation rather than bought on the open market.

Key Details

• Transaction date: 2026-04-28; Form 4 filed: 2026-04-29 (appears timely).
• Transaction type/code: Grant/Award (A).
• Shares acquired: 1,092; price reported: $0.00; total reported value: $0.
• Shares owned after the transaction: Not specified in this filing.
• Footnotes: F1: N/A (no additional disclosure).
• No indication in this filing of an immediate sale or of a 10b5-1 plan.

Context
This was a compensation-related award (derivative grant), commonly used for director pay (e.g., restricted stock or RSUs). Such grants are routine corporate compensation and do not represent an open-market purchase or sale by the insider. Because the filing does not report post-transaction holdings or vesting details, investors should treat this as an informational disclosure of compensation rather than a clear signal of the insider’s market view.