SCHEDULE: Randall Levitt Boosts Capital Bancorp Stake to 5.8%

Randall J. Levitt, a significant investor, has reported a beneficial ownership of 5.8% in Capital Bancorp, Inc., totaling 968,047 shares, as detailed in an Amendment No. 9 Schedule 13G filing.

Summary

• Randall J. Levitt beneficially owns 968,047 shares of Capital Bancorp, Inc. common stock.
• This represents 5.8% of the company's outstanding common stock, based on 16,589,241 shares outstanding as of September 30, 2025.
• Mr. Levitt holds sole voting and dispositive power over 271,291 shares, which includes 4,626 shares underlying options exercisable by September 30, 2025, and 266,665 shares held by the Randall James Levitt Revocable Trust.
• He shares voting and dispositive power over 696,756 shares, held across various trusts and LLCs associated with his family and business interests, such as the RSL Family Trust, Adam J. Tross 2012 B Trust, Brian Z. Tross 2012 B Trust, RJL Investment Company, LLC, Montrose Lending Group, LLC, and Maud Associates, LLC.
• Mr. Levitt disclaims beneficial ownership of an additional 150,100 shares held by other family members and related entities, except to the extent of his pecuniary interest.
• The filing also excludes 7,866 shares underlying options that are subject to vesting.

Sentiment

Score: 6

Explanation: The filing is a factual disclosure of beneficial ownership by Randall J. Levitt, an individual investor, in Capital Bancorp, Inc. It indicates a significant and continued stake (5.8%), which can be viewed as a positive signal of investor confidence, but it does not contain performance-related information to warrant a higher or lower sentiment score.

Positives

• A significant individual investor, Randall J. Levitt, maintains a substantial 5.8% beneficial ownership stake in Capital Bancorp, Inc., indicating continued confidence.
• The ownership structure includes both sole and shared control, suggesting a diversified approach to holding the investment.

Risks

• The complex ownership structure involving multiple trusts and LLCs, some managed by third parties or partially owned by family members, could introduce complexities in future transactions or governance, though this is typical for high-net-worth individuals.

Related Party Transactions

• The filing details shares held by various trusts and LLCs that benefit Mr. Levitt's family members (nephews, daughters, brother, sister, brother-in-law) or are managed by entities partially owned by Mr. Levitt's revocable trust or other family trusts. These include the RSL Family Trust, Adam J. Tross 2012 B Trust, Brian Z. Tross 2012 B Trust, RJL Investment Company, LLC, Montrose Lending Group, LLC, and Maud Associates, LLC.
• Mr. Levitt disclaims beneficial ownership over additional shares held by other family-related entities like Needle Leaf Associates, LLC, MAL Investment Company, LLC, Beth L. Tross Revocable Trust, MAL Revocable Trust, and various IRA accounts and joint accounts of family members.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant beneficial owner's stake, which can influence investor perception and potentially signal confidence or lack thereof.
• Management: Awareness of a significant shareholder's position, which could imply potential influence or oversight.

Key Dates

Keywords

Capital Bancorp, Randall J. Levitt, Schedule 13G, beneficial ownership, common stock, institutional investor, equity stake, financial services, banking