Form 4: Capital Bancorp CIO Reports Equity Transactions

Capital Bancorp's EVP and Chief Information Officer, Anguel Lindarev, reported recent acquisitions of common stock, restricted stock units, and stock options, alongside a sale of shares for tax withholding.

Summary

• Anguel Lindarev, EVP, Chief Information Officer of Capital Bancorp Inc (CBNK), reported transactions on March 2 and March 3, 2026.
• Acquired 166 shares of common stock on March 3, 2026, at a price of $0, increasing direct beneficial ownership to 577 shares before a subsequent disposal.
• Disposed of 59 shares of common stock on March 3, 2026, at a price of $29.82, likely for tax withholding purposes, resulting in 518 shares beneficially owned directly.
• Received a grant of 956 Restricted Stock Units (RSUs) on March 2, 2026, which will vest in four equal annual installments beginning March 2, 2027.
• Received a grant of 3,694 stock options on March 2, 2026, with an exercise price of $29.41, which will vest in four equal annual installments beginning on the first anniversary of the grant date (March 2, 2027) and expire on March 2, 2031.
• Exercised/Matured 166 Restricted Stock Units on March 3, 2026, from a previous grant that vests in four equal annual installments beginning March 3, 2026.
• Following these transactions, Lindarev beneficially owns 518 shares of common stock directly.
• Derivative securities beneficially owned include 956 RSUs (new grant), 498 RSUs (from a March 3, 2026 vesting grant), and 1,166 RSUs (from a March 18, 2025 vesting grant), totaling 2,620 RSUs.
• Derivative securities beneficially owned also include 3,694 stock options (new grant), 1,750 stock options (from a March 18, 2025 vesting grant with an exercise price of $20.18), and 2,462 stock options (from a March 3, 2026 vesting grant with an exercise price of $30.51), totaling 7,906 stock options.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, reflecting ongoing executive compensation and alignment of interests through new equity grants, despite a small tax-related sale of shares.

Positives

• The acquisition of 166 shares of common stock and the grants of 956 Restricted Stock Units and 3,694 stock options align the executive's interests with those of shareholders, indicating continued commitment to the company.
• The grants of long-term incentive awards (RSUs and stock options) are a standard component of executive compensation, designed to incentivize performance over several years.

Negatives

• The disposal of 59 shares of common stock, while likely for tax withholding related to RSU vesting, reduces the executive's direct equity ownership.

Future Outlook

The filing indicates future vesting schedules for Restricted Stock Units and Stock Options, with installments beginning on various dates through March 2, 2027, and expiration dates extending to March 2, 2031. These schedules represent future equity compensation realization for the executive.

Industry Context

StockSavvy.ai notes that Form 4 filings detailing executive equity transactions, including grants of restricted stock units and stock options, are a routine aspect of executive compensation across the financial services industry. These grants are designed to align management incentives with long-term shareholder value creation, a common practice among publicly traded banks and financial institutions like Capital Bancorp.

Stakeholder Impact

• Shareholders: The grants of equity-based compensation to a key executive can be viewed positively as they align the executive's financial interests with the long-term performance of the company, potentially encouraging decisions that enhance shareholder value.

Next Steps

• Vesting of 956 Restricted Stock Units in four equal annual installments beginning March 2, 2027.
• Vesting of 3,694 Stock Options in four equal annual installments beginning March 2, 2027.
• Continued vesting of previously granted Restricted Stock Units and Stock Options according to their respective schedules.

Key Dates

Keywords

Capital Bancorp, CBNK, Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units, Stock Options, Equity Grant