Form 4: Capital One Executive Sells Shares Under Pre-Arranged Trading Plan

A Capital One executive, Michael Zamsky, sold a total of 10,541 shares of common stock under a pre-arranged trading plan on November 12, 2024.

Summary

• Michael Zamsky, Chief Credit & Financial Risk Officer at Capital One, sold 10,541 shares of common stock on November 12, 2024.
• The sales were executed under a pre-arranged trading plan established on August 13, 2024, in accordance with Rule 10b5-1.
• The first sale involved 6,420 shares at a weighted average price of $190.01, with individual prices ranging from $189.50 to $190.46.
• The second sale involved 4,121 shares at a weighted average price of $190.64, with individual prices ranging from $190.52 to $191.05.
• Following these transactions, Mr. Zamsky's remaining holdings are 26,482 shares.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction under a pre-arranged trading plan, with no indication of positive or negative sentiment.

Risks

• Executive stock sales can sometimes be perceived negatively by the market, although these sales were pre-planned.

Industry Context

Executive stock sales are a common occurrence, and pre-arranged trading plans like this are often used to avoid accusations of insider trading. This is a routine filing and does not indicate any specific change in the company's outlook.

Comparison to Industry Standards

• Many executives at publicly traded companies use 10b5-1 trading plans to manage their stock sales.
• The volume of shares sold is not unusual for an executive at a company the size of Capital One.
• The price range of the sales is consistent with the market price of the stock at the time of the transaction.

Stakeholder Impact

• The stock sales may have a minor impact on the stock price, but the pre-planned nature of the sales should mitigate any significant negative reaction.

Key Dates

Keywords

Capital One, Stock Sale, Insider Trading, Form 4, Michael Zamsky, Rule 10b5-1, Executive Stock