Arbour Paola M 4

What Happened
Paola M. Arbour, a director of Texas Capital Bancshares Inc. (TCBI), acquired 1,000 shares via an open-market purchase on March 11, 2026 at $91.50 per share, for a total reported cost of $91,500. This was a purchase (code P) rather than a sale or option exercise.

Key Details

• Transaction date and price: 2026-03-11, 1,000 shares at $91.50 each.
• Total value: $91,500.
• Shares owned after the transaction: not specified in the Form 4 filing.
• Transaction type/code: Open-market purchase (P).
• Filing timeliness: Report filed on 2026-03-12 (one day after the transaction), indicating a timely filing.
• No footnotes indicating a 10b5-1 plan, tax withholding, gift, or derivative exercise were reported.

Context
Purchases by directors are often watched by investors as a signal of alignment with shareholders, though filings are factual records and don’t prove intent. This was a straightforward open-market buy by a director (not a 10% owner or option exercise), and the position size reported is modest (~$91.5k).