---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-189489"
form_type: "8-K"
ticker: "TCBX"
cik: "0001781730"
company_name: "Third Coast Bancshares, Inc."
filed_at: "2022-07-07T23:59:59+00:00"
generated_at: "2026-06-24T19:50:12.081191+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Third Coast Bancshares SVP & CLO resigns; severance of $461,725

## Summary
- Donald Legato resigned as Senior Executive VP and Chief Lending Officer effective June 30, 2022.
- Severance includes $461,725 paid over 12 months, COBRA reimbursement, and $583 401(k) contribution.
- All unvested stock options and restricted shares forfeited; vested awards retained.
- Separation agreement includes general release of claims and confidentiality/non-disparagement covenants.

## SEC filing metadata
- accession: 0001193125-22-189489
- form_type: 8-K
- ticker: TCBX
- cik: 0001781730
- company_name: Third Coast Bancshares, Inc.
- filed_at: 2022-07-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781730/000119312522189489/0001193125-22-189489-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781730/000119312522189489/d362145d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-189489
- JSON: https://secwatch.observer/filing/0001193125-22-189489.json
- Plain text: https://secwatch.observer/filing/0001193125-22-189489.txt

## Key facts
- Executive change
  Donald Legato resigned as Senior Executive Vice President and Chief Lending Officer at Third Coast Bancshares, Inc..
  - Action: resigned
  - Role: Senior Executive Vice President and Chief Lending Officer
  source text: On June 30, 2022, Donald Legato notified Third Coast Bancshares, Inc. (the “Company”) and Third Coast Bank, SSB, a Texas state savings bank and wholly owned subsidiary of the Company (the “Bank”) that Mr. Legato was resigning as Senior Executive Vice President and Chief Lending Officer of the Bank and any other capacity held at the Company or the Bank effective as of June 30, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781730/000119312522189489/0001193125-22-189489-index.htm

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