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Third Coast Bancshares Inc

For the period ended Mar 31, 2025. Filed May 6, 2025.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 6, 2025

TCBX$38.69-1.0%Stored close · as of Nov 6, 2026

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Other Information

Item 5. Other Information.

During the three months ended March 31, 2025, no director or officer of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408 of Regulation S-K.

On May 4, 2025, the Bank entered into a First Amendment to Salary Continuation Agreement with Bart O. Caraway, Chairman, President and Chief Executive Officer of the Company and the Bank (the “Caraway Amendment”), and a First Amendment to Salary Continuation Agreement with R. John McWhorter, Chief Financial Officer of the Company and the Bank (the “McWhorter Amendment”). The Caraway Amendment amends the Third Coast Bank, SSB Salary Continuation Agreement, dated as of July 6, 2020, by and between the Bank and Mr. Caraway to change the annual benefit for Mr. Caraway, payable in equal monthly installments for a period of 10 years following Mr. Caraway attaining age 62, from $311,453 to $361,453. The McWhorter Amendment amends the Third Coast Bank, SSB Salary Continuation Agreement, dated as of July 6, 2020, by and between the Bank and Mr. McWhorter to change the annual benefit for Mr. McWhorter, payable in equal monthly installments for a period of 10 years following Mr. McWhorter attaining age 62, from $143,525 to $193,525.

The foregoing description of the Caraway Amendment and the McWhorter Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Caraway Amendment and the McWhorter Amendment, a copy of which is included as Exhibit 10.1 and Exhibit 10.2, respectively, to this Form 10-Q and incorporated herein by reference.

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