Form 4: CBNA Officer Transfers Shares to Joint TOD Account

Chain Bridge Bancorp Inc. President and Chief Risk Officer David M. Evinger transferred 125 shares of CBNA stock to a joint Transfer on Death account.

Summary

• David M. Evinger, President and Chief Risk Officer of Chain Bridge Bancorp Inc. (CBNA), reported a change in beneficial ownership.
• On August 18, 2025, Evinger disposed of 125 shares of CBNA common stock.
• This transaction was a transfer (Transaction Code 'J') to a Transfer on Death (TOD) account held jointly with his spouse, indicated by a price of $0.
• Following this transfer, Evinger beneficially owns 125 shares indirectly through the TOD account.

Sentiment

Score: 5

Explanation: The filing reports a routine transfer of shares by an insider to a joint Transfer on Death account, which is an administrative change in ownership form rather than a market transaction. This type of transaction is neutral in terms of company performance or outlook.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Transfer of 125 shares to a Transfer on Death (TOD) account held jointly with the reporting person's spouse.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a change in ownership form, not a market sale, and the shares remain beneficially owned by an insider.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Recommendation

The filing details a routine administrative transfer of shares by an insider to a joint Transfer on Death account, not a market sale or purchase. This transaction has no bearing on the company's operational performance, financial health, or strategic direction, thus providing no new basis for altering an existing investment position.

Keywords

Chain Bridge Bancorp, CBNA, David M. Evinger, insider transaction, Form 4, beneficial ownership, stock transfer, officer, director, financial services