Glander Troy Andrew 4

What Happened
Troy Glander, a director of Third Coast Bancshares, was the recipient of a grant/award of 3,600 shares (reported as a derivative acquisition, code A) dated 2026-03-16. The Form 4 lists the per-share amount as $0.00 and the reported acquisition value as $0 — the filing type indicates an award or grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (appears timely).
• Transaction code: A (award/grant/other acquisition); shares acquired: 3,600.
• Reported price per share: $0.00 on the filing (common for certain equity awards or deferred/phantom instruments).
• Shares owned after the transaction: not provided in the information you supplied — check the full Form 4 for holdings following the grant.
• No 10b5-1, tax-withholding, or other footnotes were provided in the summary data here.

Context
An award/grant (derivative) typically reflects compensation, retention, or incentive plans rather than an insider buying stock on the open market. Such grants are less direct as a bullish signal than purchases, but they can indicate how the company compensates executives and directors. For full details (vesting, type of award, and post-transaction holdings), review the complete SEC Form 4 filing (Accession 0001193125-26-110922).