Chain Bridge Bancorp (CBNA) director Leavitt discloses Class B and UTMA share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CHAIN BRIDGE BANCORP INC director William C. Leavitt reported his initial ownership of the company’s stock. He directly holds 50,150 shares of Class B Common Stock, each of which is convertible at any time, at his option, into one share of Class A Common Stock with no expiration date. In addition, he is the indirect beneficial owner of three separate blocks of 700 shares of Class A Common Stock each, held in Uniform Transfers to Minors Act (UTMA) accounts for the benefit of minor children for whom he serves as custodian.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Leavitt William C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 50,150 shares (Direct);
Class A Common Stock — 700 shares (Indirect, As UTMA custodian for minor child 2)
Footnotes (1)
- Shares held in a Uniform Transfers to Minors Act (UTMA) account for the benefit of a minor child of the Reporting Person for which the Reporting Person is the custodian. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date.
FAQ
What does the Form 3 filed for CHAIN BRIDGE BANCORP INC (CBNA) report?
It reports that director William C. Leavitt is initially disclosing his beneficial ownership in CHAIN BRIDGE BANCORP INC, including direct holdings of Class B Common Stock and indirect holdings of Class A Common Stock as UTMA custodian for minor children.
What are the indirect Class A Common Stock holdings reported for CBNA?
The filing shows three separate indirect positions of 700 shares of Class A Common Stock each, held in UTMA accounts for the benefit of minor children of the reporting person, for which he acts as custodian.
How is CHAIN BRIDGE BANCORP INC Class B Common Stock convertible into Class A?
Each share of Class B Common Stock is convertible at any time, at the option of the reporting person, into one share of Class A Common Stock and has no expiration date.
What is the relationship of the reporting person to CHAIN BRIDGE BANCORP INC (CBNA)?
The reporting person, William C. Leavitt, is identified as a Director of CHAIN BRIDGE BANCORP INC and is not marked as a 10% owner or officer in this filing.