---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-049697"
form_type: "8-K"
ticker: "TCBX"
cik: "0001781730"
company_name: "Third Coast Bancshares, Inc."
filed_at: "2023-09-25T23:59:59+00:00"
generated_at: "2026-06-10T09:18:13.394010+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-049697
- form_type: 8-K
- ticker: TCBX
- cik: 0001781730
- company_name: Third Coast Bancshares, Inc.
- filed_at: 2023-09-25T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781730/000095017023049697/0000950170-23-049697-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781730/000095017023049697/tcbx-20230922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-049697
- JSON: https://secwatch.observer/filing/0000950170-23-049697.json
- Plain text: https://secwatch.observer/filing/0000950170-23-049697.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781730/000095017023049697/0000950170-23-049697-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.