Caraway Bart 4

What Happened
Bart Caraway, Chairman, President and Chief Executive Officer of Third Coast Bancshares, disposed of 3,023 shares on 2026-03-15 to satisfy tax withholding or related exercise obligations. The shares were recorded at $37.34 each for a total value of approximately $112,879. This was a tax-withholding/settlement disposition (not an open-market sale).

Key Details

• Transaction date: 2026-03-15; Form filed: 2026-03-16 (timely).
• Transaction type/code: Payment of exercise price or tax liability (Code F).
• Shares disposed/withheld: 3,023 at $37.34 each; total value ≈ $112,879.
• Shares owned after transaction: Not specified in the filing.
• Footnote/remark: Filing identifies Bart Caraway as Chairman, President and CEO. No 10b5-1 plan or late-filing flag noted.

Context
Code F typically means shares were surrendered or withheld to cover taxes or exercise costs (a “sell-to-cover”/withholding), which is administrative and common after option exercises or award vesting. Because shares were used for tax purposes rather than sold on the open market, this transaction should not be interpreted as a straightforward insider sale signaling a change in sentiment.