Holmes Rob C 4

What Happened

• Rob C. Holmes, Chairman, President and CEO of Texas Capital Bancshares (TCBI), converted/exercised 9,566 derivative units into 9,566 shares on 2026-02-13. To satisfy tax withholding, 3,540 of those shares were surrendered/disposed at an implied value of $103.42 per share, totaling $366,107. The filing also records the derivative conversion/disposition activity (reporting mechanics for the award).

Key Details

• Transaction date: February 13, 2026; Form filed February 17, 2026 (appears filed within the required reporting window).
• Conversion/Exercise: 9,566 shares acquired via conversion/exercise of a derivative instrument (code M) at $0.00 per share (non-cash conversion).
• Tax withholding: 3,540 shares disposed (code F) at $103.42 per share, amounting to $366,107 to satisfy tax obligations.
• Additional reporting line shows a derivative disposition of 9,566 shares (reflecting conversion/settlement mechanics).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: F2 — the restricted stock units vest in three equal annual installments beginning February 16, 2025. F1 noted as N/A.

Context

• This appears to be a routine conversion/settlement of equity awards (restricted stock units or similar) with a portion of the shares surrendered to cover tax withholding — a common, non-market-sale transaction that does not necessarily indicate a buy/sell signal. The coding indicates a conversion of a derivative award and a tax-withholding disposal (net share settlement).