Form 4: Capital One CFO Andrew Young Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Capital One's CFO, Andrew M. Young, reported the disposal of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- Andrew M. Young, the Chief Financial Officer of Capital One Financial Corp, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of Capital One common stock on February 15, 2025, to satisfy tax obligations associated with the vesting of restricted stock units.
- These restricted stock units were granted on February 3, 2022, January 26, 2023, and February 1, 2024.
- The disposals were executed at a price of $202.16 per share.
- Following these transactions, Young directly owns 32,206 shares of Capital One common stock and indirectly owns 59 shares through a child.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This filing is typical for executives receiving stock-based compensation.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 02/03/2022 | Date of restricted stock units grant associated with stock disposal. |
| 01/26/2023 | Date of restricted stock units grant associated with stock disposal. |
| 02/01/2024 | Date of restricted stock units grant associated with stock disposal. |
| 02/15/2025 | Date of stock disposal to cover tax obligations. |
| 02/19/2025 | Date of report filing. |
Keywords
Form 4, Capital One, Andrew Young, Stock Disposal, Restricted Stock Units, Tax Obligations, Beneficial Ownership, COF
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