Bonnen Greg 4

What Happened
Greg Bonnen, a director of Third Coast Bancshares, was reported to have received a grant/award of 3,600 shares on 2026-03-16. The transaction is reported as a derivative acquisition (transaction code A) with an acquisition price of $0.00, indicating a compensation award rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely filing).
• Transaction type/code: Award/Grant (A) — reported as a derivative acquisition.
• Shares acquired: 3,600; reported acquisition price: $0.00 per share.
• Shares owned after transaction: Not specified in the filing.
• No footnotes, 10b5-1 plan, or tax-withholding details were disclosed in the filing.

Context
An "A" (award/grant) derivative report typically reflects compensation (e.g., restricted stock or RSU settlement) and may be subject to vesting or transfer restrictions; it is not an open-market purchase. Compensation grants are common and do not necessarily indicate the insider is buying or selling for personal investment reasons.