Form 4: Capital Bancorp Inc. Director Joshua Bernstein Reports Changes in Beneficial Ownership
SEC Form 4
Director Joshua Bernstein reports changes in beneficial ownership of Capital Bancorp Inc. securities, including acquisitions of restricted stock units and stock options.
Summary
- On March 3, 2025, Joshua Bernstein, a director of Capital Bancorp Inc., reported changes in his beneficial ownership of the company's securities.
- He acquired 1,081 restricted stock units that will vest on March 3, 2026, each representing the right to receive one share of common stock.
- Bernstein also acquired 4,000 stock options exercisable at $30.51, expiring on March 3, 2030.
- He directly owns 84,959 shares of common stock.
- He indirectly owns 324,000 shares through Norman Bernstein, 154,400 shares through SandBern Ventures, LLC, and 303,200 shares through Bernstein Fund Limited Partnership.
- He holds various other stock options with different exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating changes in ownership, which can be interpreted as a positive sign of director confidence, but it doesn't provide enough information to strongly influence sentiment.
Positives
- The acquisition of restricted stock units and stock options by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may view the director's increased stake as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 12/31/2021 | Date of grant for some stock options |
| 12/31/2022 | Date of grant for some stock options |
| 01/01/2024 | Date of grant for some stock options |
| 01/01/2025 | Date of grant for some stock options |
| 03/03/2025 | Date of transaction and grant of restricted stock units and stock options |
| 03/04/2025 | Date of signature |
| 12/31/2025 | Expiration date for some stock options |
| 03/03/2026 | Vesting date for restricted stock units |
| 12/31/2026 | Expiration date for some stock options |
| 01/01/2028 | Expiration date for some stock options |
| 01/01/2029 | Expiration date for some stock options |
| 03/03/2030 | Expiration date for some stock options |
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