Form 4: Capital One Executive Neal Blinde Reports Stock Disposals to Cover Tax Obligations

Neal Blinde, President of Commercial Banking at Capital One, reported the disposal of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• On February 15, 2025, Neal Blinde, President of Commercial Banking at Capital One Financial Corp, disposed of 1,617 shares of common stock at a price of $202.16.
• This transaction was to cover tax obligations associated with the vesting of restricted stock units granted on January 23, 2023.
• Additionally, Blinde disposed of 1,535 shares of common stock at the same price to cover tax obligations from restricted stock units granted on February 1, 2024.
• Following these transactions, Blinde beneficially owns 103,411 shares of Capital One common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neutral in sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common when restricted stock units vest.

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 executive's long-term outlook on the company.

Key Dates

Keywords

Form 4, Capital One, Neal Blinde, Stock Disposal, Restricted Stock Units, Tax Obligations, Commercial Banking, COF