Form 4: Capital Bancorp Director Boosts Equity Holdings
Insider Transaction Report
Capital Bancorp Director Mary Ann Scully acquired new Restricted Stock Units and Stock Options, and converted previously vested RSUs into common stock.
Summary
- Director Mary Ann Scully acquired 544 Restricted Stock Units (RSUs) on March 2, 2026, which are set to vest on March 2, 2027.
- On the same date, Scully was granted 2,102 stock options with an exercise price of $29.41, vesting in four equal annual installments starting March 2, 2027, and expiring on March 2, 2031.
- On March 3, 2026, 541 previously granted Restricted Stock Units, which vested on the same day, were converted into 541 shares of Capital Bancorp common stock.
- Following these transactions, Scully directly holds 14,077 shares of common stock, 544 Restricted Stock Units, and 5,602 stock options.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive signal, as a director's acquisition of additional equity and options demonstrates continued alignment with shareholder interests and confidence in the company's future performance.
Positives
- Increased insider ownership through the acquisition of 544 Restricted Stock Units and 2,102 Stock Options, signaling confidence in the company's future.
- The conversion of 541 Restricted Stock Units into common stock on March 3, 2026, demonstrates the realization of previously granted equity compensation.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that Form 4 filings provide transparency into insider transactions, offering insights into management's confidence in the company's prospects. The acquisition of equity and derivative securities by a director is generally viewed as a positive signal, aligning management's interests with those of shareholders.
Stakeholder Impact
- Shareholders: Increased alignment of a director's interests with shareholders through greater equity ownership.
Next Steps
- Vesting of 544 Restricted Stock Units on March 2, 2027.
- Subsequent annual vesting installments for the 2,102 Stock Options beginning March 2, 2027.
- Potential exercise of vested stock options by the director.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date exercisable for 1,500 existing stock options. |
| 03/02/2026 | Acquisition date for 544 Restricted Stock Units and 2,102 Stock Options. |
| 03/03/2026 | Conversion date for 541 Restricted Stock Units into common stock; Date exercisable for 2,000 existing stock options; Filing date of the Form 4. |
| 03/02/2027 | Vesting date for 544 Restricted Stock Units; First vesting installment for 2,102 Stock Options. |
| 01/01/2029 | Expiration date for 1,500 existing stock options. |
| 03/03/2030 | Expiration date for 2,000 existing stock options. |
| 03/02/2031 | Expiration date for 2,102 newly acquired Stock Options. |
Keywords
Capital Bancorp, CBNK, Insider Trading, Form 4, Mary Ann Scully, Director, Stock Options, Restricted Stock Units, Equity Compensation, Beneficial Ownership
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