SCHEDULE 13G/A: James F. Whalen Discloses 5.9% Beneficial Ownership in Capital Bancorp, Inc. via Amended SEC Filing

James F. Whalen has filed an amended Schedule 13G, reporting a beneficial ownership of 5.9% of Capital Bancorp, Inc.'s common stock as of December 31, 2024.

Summary

• James F. Whalen, an individual residing in Maryland, has filed an Amendment No. 5 to Schedule 13G regarding his beneficial ownership in Capital Bancorp, Inc.
• As of December 31, 2024, Mr. Whalen beneficially owns an aggregate of 980,058 shares of Capital Bancorp, Inc. Common Stock.
• This ownership represents 5.9% of the total 16,662,626 shares of Common Stock outstanding as of the reporting date.
• Mr. Whalen holds sole voting and dispositive power over 734,007 shares, which include shares directly held, shares in the James F. Whalen Revocable Trust, shares in an IRA, and 6,158 shares underlying options exercisable within 60 days.
• He shares voting and dispositive power over 246,051 shares, which are held by Whalen Family, LLC, NMW Investments, LLC, and KAW Investments, LLC.
• The reported percentage excludes 5,727 shares underlying options that are subject to vesting.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would typically indicate a positive, negative, or expected outcome for the company's performance or operations.

Future Outlook

This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing provides transparency regarding a significant individual ownership stake in Capital Bancorp, Inc., a company operating within the financial services sector. Such disclosures are standard for publicly traded companies and inform the market about major shareholder positions.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant individual ownership position in the company, which can influence perceptions of control and stability.

Key Dates

Keywords

Capital Bancorp Inc., James F. Whalen, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Financial Services, Banking