Form 4: Capital One Executive Michael Zamsky Reports Stock Award and Tax Withholding

Michael Zamsky, Chief Credit & Financial Risk Officer at Capital One, reports the acquisition of 2,164 shares of common stock earned through a performance share award and the withholding of 976 shares for tax obligations.

Summary

• On March 10, 2025, Michael Zamsky, Chief Credit & Financial Risk Officer of Capital One Financial Corp, acquired 2,164 shares of common stock.
• These shares were earned pursuant to a performance share award granted on February 3, 2022, and amended on November 2, 2023.
• The award was based on Capital One's Common Dividends + Growth of Tangible Book Value per Share and Adjusted ROTCE against a peer group over a three-year performance period.
• The reported transaction also includes the automatic withholding of 976 shares by Capital One to satisfy Zamsky's tax obligations related to the settlement of the performance shares at a price of $163.87.
• Following these transactions, Zamsky directly owns 29,649 shares of Capital One common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The vesting of performance shares indicates the company met certain performance goals, which is a positive sign. The tax withholding is a normal part of the process.

Positives

• The vesting of performance shares suggests that Capital One achieved certain performance targets related to Common Dividends + Growth of Tangible Book Value per Share and Adjusted ROTCE.
• Zamsky's increased equity stake aligns his interests with those of other shareholders.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders trade in their company's stock, providing transparency to investors.

Stakeholder Impact

• The vesting of performance shares can positively impact shareholder confidence as it aligns executive compensation with company performance.

Key Dates