Third Coast Bancshares COO resigns; declares $17.06/share preferred dividend

Third Coast Bancshares, Inc.

Michael Deckert resigned as EVP and COO of Third Coast Bancshares and its bank subsidiary, effective Sept 22, 2023.
No successor named; resignation takes immediate effect.
Board declared quarterly cash dividend of $17.0625 per share on 6.75% Series A Preferred Stock, payable Oct 16, 2023 to holders of record Sept 30, 2023.

item 5.02 item 8.01 item 9.01

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Departed

Michael Deckert

Executive Vice President and Chief Operating Officer

TCBX · Third Coast Bancshares, Inc.

Effective: 2023-09-22
Filed: September 25, 2023, 7:59 PM ET

On September 25, 2023, Third Coast Bancshares, Inc. (the “Company”) announced that Michael Deckert resigned as Executive Vice President and Chief Operating Officer of the Company and Third Coast Bank, SSB (the “Bank”), the Company’s wholly owned subsidiary, effective September 22, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Michael Deckert resigned as Executive Vice President and Chief Operating Officer at Third Coast Bancshares, Inc..

Action: resigned
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

On September 25, 2023, Third Coast Bancshares, Inc. (the “Company”) announced that Michael Deckert resigned as Executive Vice President and Chief Operating Officer of the Company and Third Coast Bank, SSB (the “Bank”), the Company’s wholly owned subsidiary, effective September 22, 2023.

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Third Coast Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-049697

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