Form 4: Capital Bancorp Inc. Executive Exercises Stock Options and Disposes of Shares
SEC Form 4
Gary M. Kausmeyer, Chief Risk Officer of Capital Bancorp Inc., exercised stock options and disposed of shares on February 18, 2025.
Summary
- On February 18, 2025, Gary M. Kausmeyer, the Chief Risk Officer of Capital Bancorp Inc., exercised stock options to acquire 5,000 shares of common stock at a price of $14.38 per share.
- Following the exercise of these options, Kausmeyer disposed of 2,245 shares of common stock at a price of $32.03 per share to cover taxes.
- After these transactions, Kausmeyer directly owns 2,884 shares of Capital Bancorp Inc. common stock.
- Kausmeyer also holds various stock options with different exercise prices and expiration dates, as well as 400 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 02/18/2021 | Initial vesting date for some stock options. |
| 12/31/2021 | Initial vesting date for some stock options. |
| 12/31/2022 | Initial vesting date for some stock options. |
| 01/01/2024 | Initial vesting date for some stock options. |
| 01/01/2025 | Initial vesting date for some stock options and restricted stock units. |
| 02/18/2025 | Date of stock option exercise and share disposal. |
| 12/31/2025 | Expiration date for some stock options. |
| 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. |
| 02/20/2025 | Date of Form 4 signature. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Capital Bancorp, Kausmeyer, CBNK, Shares, Officer, Transaction
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.