Chain Bridge Bancorp (CBNA) Insider Purchase — 400 Shares at $29.81
Rhea-AI Filing Summary
Chain Bridge Bancorp, Inc. (CBNA) Form 4/A reports an insider purchase and ownership details for a company director. The filing, amended on 09/02/2025, shows a transaction dated 08/29/2025 in which the reporting person purchased 400 shares of Class A common stock at a price of $29.8098 per share. After the reported transaction the filing shows 400 Class A shares beneficially owned directly. The filing also reports 170 shares of Class B common stock beneficially owned (Class B shares are convertible into Class A shares at the holder's election).
The form identifies the reporting person as a director and was signed by Hilary Albrecht on 09/02/2025. No derivative transactions, option grants, or other material financial figures are included in this filing.
Positive
- Director purchased 400 Class A shares at $29.8098, a clear insider purchase disclosed on Form 4/A
- Disclosure includes convertible Class B holdings (170 shares), with conversion rights explicitly noted
Negative
- None.
Insights
TL;DR: Director purchased 400 Class A shares at $29.8098; ownership includes 170 convertible Class B shares.
The transaction is a straightforward open-market purchase (reported with code P) of 400 Class A shares at $29.8098 on 08/29/2025, with the reporting person listed as a director. The filing was amended and signed on 09/02/2025. The disclosure also shows 170 Class B shares held beneficially, which the filer notes are convertible to Class A at the holder's election. For investors, this is a routine Section 16 disclosure of insider activity; the size of the purchase relative to total outstanding shares is not stated, so materiality cannot be assessed from this filing alone.
TL;DR: Routine insider purchase by a director; amendment and signature complete regulatory disclosure requirements.
The amended Form 4 clarifies an insider purchase and reports existing beneficial holdings including a convertible Class B block. The filing meets Section 16 disclosure norms by identifying relationship (director), transaction details (date, amount, price), and conversion rights for Class B shares. The filing does not disclose any executive changes, option exercises, or compensatory awards. Impact appears procedural and informational rather than material to company operations.