Texas Capital Bancshares Announces Board Changes
Ticker: TCBIO · Form: 8-K · Filed: May 16, 2024 · CIK: 1077428
| Field | Detail |
|---|---|
| Company | Texas Capital Bancshares Inc/Tx (TCBIO) |
| Form Type | 8-K |
| Filed Date | May 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $180 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-appointments, governance
Related Tickers: TCBI
TL;DR
TCBI board shakeup: Douglas out, Smith & Fuller in. New exec comp details filed.
AI Summary
Texas Capital Bancshares, Inc. announced on May 10, 2024, the departure of director R. Bradfield Douglas and the appointment of new directors, including J. Allen Smith and C. Mark Fuller. The company also reported on compensatory arrangements for its officers. This filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
Changes in a company's board of directors can signal shifts in strategy, governance, or investor confidence.
Risk Assessment
Risk Level: medium — Board changes and executive compensation disclosures can sometimes precede or reflect significant strategic shifts or financial performance issues.
Key Players & Entities
- Texas Capital Bancshares, Inc. (company) — Registrant
- R. Bradfield Douglas (person) — Departing Director
- J. Allen Smith (person) — Appointed Director
- C. Mark Fuller (person) — Appointed Director
- May 10, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from the board of directors at Texas Capital Bancshares?
R. Bradfield Douglas has departed from the board of directors.
Who are the newly appointed directors?
J. Allen Smith and C. Mark Fuller have been appointed as new directors.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported is dated May 10, 2024.
Under which section of the Securities Exchange Act is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the principal executive office address for Texas Capital Bancshares?
The principal executive offices are located at 2000 McKinney Avenue, Suite 700, Dallas, Texas, 75201.
Filing Stats: 686 words · 3 min read · ~2 pages · Grade level 9.1 · Accepted 2024-05-16 16:08:56
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share TCBI Nasdaq Stock Market 5.
- $180 billion — y Bank, a large regional bank with over $180 billion in assets, from 2018 until December 202
Filing Documents
- tcbi-20240510.htm (8-K) — 30KB
- a991pressrelease.htm (EX-99.1) — 8KB
- tcbicolorlogoforreleasea.jpg (GRAPHIC) — 15KB
- 0001077428-24-000122.txt ( ) — 227KB
- tcbi-20240510.xsd (EX-101.SCH) — 2KB
- tcbi-20240510_def.xml (EX-101.DEF) — 16KB
- tcbi-20240510_lab.xml (EX-101.LAB) — 28KB
- tcbi-20240510_pre.xml (EX-101.PRE) — 16KB
- tcbi-20240510_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release, dated May 16 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 16, 2024 TEXAS CAPITAL BANCSHARES, INC. By: /s/ J. Matthew Scurlock J. Matthew Scurlock Chief Financial Officer