Form 4: Capital One Executive Sells Shares Under Prearranged Trading Plan

Mark Daniel Mouadeb, President, U.S. Card at Capital One Financial Corp, sold 1,994 shares of common stock at a price of $162.37 per share on November 5, 2024, according to a Form 4 filing with the SEC.

Summary

• On November 5, 2024, Mark Daniel Mouadeb, President, U.S. Card at Capital One Financial Corp, sold 1,994 shares of Capital One common stock.
• The sale was executed at a price of $162.37 per share.
• Following the transaction, Mouadeb directly owns 19,776 shares of Capital One common stock.
• The sale was conducted under a prearranged trading plan established on July 25, 2024, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an executive stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan suggests the executive is selling shares in a pre-planned manner to avoid any appearance of insider trading.

Stakeholder Impact

• The stock sale by an executive could be perceived negatively by some shareholders, although the existence of a pre-arranged trading plan mitigates this concern.

Key Dates