SCHEDULE 13G/A: Steven J. Schwartz Discloses 4.4% Stake in Capital Bancorp, Inc. via Amended SEC Filing

Steven J. Schwartz has filed an amended Schedule 13G, disclosing a beneficial ownership of 4.4% of Capital Bancorp, Inc.'s common stock as of December 31, 2024.

Summary

• Steven J. Schwartz beneficially owns 737,096 shares of Capital Bancorp, Inc. common stock.
• This ownership represents 4.4% of the company's outstanding common stock as of December 31, 2024.
• The total outstanding shares of common stock used for calculation were 16,662,626 as of December 31, 2024.
• Mr. Schwartz holds sole voting and dispositive power over all 737,096 shares.
• The beneficial ownership includes 63,875 shares directly held by Mr. Schwartz, 663,313 shares held by Prudential Investments, LLC, and 9,908 shares underlying options exercisable within 60 days of December 31, 2024.
• The reported amount excludes 5,727 shares of common stock 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 inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of beneficial ownership by an individual investor in a financial institution (Capital Bancorp, Inc. is a bank holding company). Such disclosures provide transparency regarding significant shareholder stakes, which is common practice in the banking sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant individual ownership stake in Capital Bancorp, Inc., which can be relevant for understanding the shareholder base and potential influence.

Key Dates

Keywords

Capital Bancorp Inc., Steven J. Schwartz, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment, Shareholder