Form 4: Capital Bancorp Inc. Director Deborah Ratner Salzberg Reports Acquisition of Restricted Stock Units and Stock Options
SEC Form 4 Filing
Director Deborah Ratner Salzberg reports acquisition of restricted stock units and stock options in Capital Bancorp Inc.
Summary
- On March 3, 2025, Deborah Ratner Salzberg, a director of Capital Bancorp Inc. [CBNK], reported changes in her beneficial ownership of the company's securities.
- She acquired 946 Restricted Stock Units (RSUs) that will vest on March 3, 2026, each representing the right to receive one share of common stock.
- Salzberg also acquired 3,500 stock options exercisable at $30.51, expiring on March 3, 2030.
- Additionally, she directly owns 44,571 shares of common stock and indirectly owns 14,632 shares through the Deborah Ratner Salzberg Trust.
- She also holds various other stock options with different exercise prices and vesting schedules.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares and options by a director generally indicates confidence, but the filing itself is a routine disclosure.
Positives
- The acquisition of RSUs and stock options by a director signals confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and assess management's alignment with shareholder interests.
Stakeholder Impact
- The reported transactions provide shareholders with insights into the director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 12/31/2021 | Date of grant for stock options exercisable at $13.89, vesting in four equal annual installments. |
| 12/31/2022 | Date of grant for stock options exercisable at $26.41, vesting in four equal annual installments. |
| 01/01/2024 | Date of grant for stock options exercisable at $23.54, vesting in four equal annual installments. |
| 01/01/2025 | Date of grant for stock options exercisable at $24.20, vesting in four equal annual installments. |
| 03/03/2025 | Date of transaction: Acquisition of Restricted Stock Units and Stock Options. |
| 03/03/2026 | Vesting date for the acquired Restricted Stock Units. |
| 03/03/2026 | Expiration date for stock options exercisable at $30.51. |
| 01/01/2028 | Expiration date for stock options exercisable at $23.54. |
| 01/01/2029 | Expiration date for stock options exercisable at $24.20. |
| 03/03/2030 | Expiration date for stock options exercisable at $30.51. |
Keywords
Capital Bancorp Inc, CBNK, Deborah Ratner Salzberg, Director, Form 4, Beneficial Ownership, Restricted Stock Units, Stock Options, Securities
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