C. Keith Cargill

C. Keith Cargill discloses dealings in Texas Capital Bancshares Inc/tx to SEC (Form 4). In total, 118 filings cover trades dated from 24 April 2007 to 26 May 2020.

Both buying and selling appear: 9 purchases worth €2.1M, against 74 sales worth €4.1M. On balance, insiders were net sellers of €2.0M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 33 share grants and 2 option exercises.

Half of the purchases are above €196k and half below. On 3 out of 6 purchases, another insider of the same company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster. Looking at 9 purchases old enough to measure, the stock rose over the following 90 days in 78% of cases; the median change was +6.7%. They describe history only and say nothing certain about the share price ahead.

Most recently, on 27 May 2020, the filings show a share grant in Texas Capital Bancshares Inc/tx. The clock since the last published purchase (23 May 2019) now reads 2,726 days. The median gap between a trade and its publication by SEC (Form 4) is 3 days. The legal deadline for a Form 4 is two business days after the transaction. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.