Haskell Strange - 06 Jun 2024 Form 4 Insider Report for Texas Community Bancshares, Inc. (TCBS)

Signature
/s/ Victor Cangelosi, pursuant to power of attorney
Issuer symbol
TCBS
Transactions as of
06 Jun 2024
Net transactions value
-$27,170
Form type
4
Filing time
07 Jun 2024, 14:34:48 UTC
Previous filing
20 May 2024
Next filing
20 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBS Common Stock Sale $27,170 -1,900 -19% $14.30 7,873 06 Jun 2024 Direct F1, F2
holding TCBS Common Stock 2,067 06 Jun 2024 By ESOP
holding TCBS Common Stock 6,052 06 Jun 2024 By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TCBS Stock Options 24,433 06 Jun 2024 Common Stock 24,433 $15.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, against a purchase transaction which occurred on May 16, 2024 and was previously reported on a Form 4. The reporting person intends to pay the Issuer $6.11, representing the full amount of profit realized in connection with the short-swing transactions..
F2 Shares of restricted stock vest at a rate of 20% per year commencing on February 28, 2024.
F3 Stock options vest at a rate of 20% per year commencing on February 28, 2024.