Brunson W. Donald 4

What Happened Brunson W. Donald, a director of Third Coast Bancshares, Inc. (TCBX), received an award of 3,600 shares reported as a derivative acquisition (transaction code A) on 2026-03-16. The shares are reported at $0.00 per share (no purchase price), so the filing lists no cash value for the acquisition. This was a company grant/award rather than an open-market buy or a sale.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely filing).
• Transaction type/code: A — Grant, award or other acquisition (Derivative).
• Shares acquired: 3,600; Price reported: $0.00 per share.
• Shares owned after transaction: not specified in the filing excerpt provided.
• Footnotes/plan info: none included in the provided details; filing accession: 0001193125-26-110940.
• Filing timeliness: filed the day after the transaction (appears timely; no late filing indicated).

Context The award is reported as a derivative security, which commonly reflects restricted stock, RSUs, or other rights to receive common stock rather than an immediate open-market purchase. The filing does not specify vesting, transferability, or whether the shares are immediately usable, so this should be viewed as a compensation-related grant rather than a direct signal of the director buying or selling stock.