---
schema_version: "secwatch.filing_event.v1"
accession: "0001077428-23-000007"
form_type: "8-K"
ticker: "TCBI"
cik: "0001077428"
company_name: "TEXAS CAPITAL BANCSHARES INC/TX"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:03:00.180735+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Texas Capital extends CEO Robert Holmes' employment agreement to 2027

## Summary
- Employment agreement with CEO Robert C. Holmes extended for three years to January 23, 2027.
- Base salary remains $1,000,000; target annual incentive at least 200% of base; target LTI 350%.
- No changes to material compensation terms; only ministerial and conforming amendments.
- Severance unchanged: 2x base+target for without-cause/for-good-reason termination.
- Retirement-eligible equity vesting after age 57 with 2 years service, subject to non-compete.

## SEC filing metadata
- accession: 0001077428-23-000007
- form_type: 8-K
- ticker: TCBI
- cik: 0001077428
- company_name: TEXAS CAPITAL BANCSHARES INC/TX
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1077428/000107742823000007/0001077428-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077428/000107742823000007/tcbi-20230123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001077428-23-000007
- JSON: https://secwatch.observer/filing/0001077428-23-000007.json
- Plain text: https://secwatch.observer/filing/0001077428-23-000007.txt

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