Chain Bridge Bancorp exec gifts 680 Class B shares
CHAIN BRIDGE BANCORP INC (CBNA) reported an insider Form 4 for David M. Evinger, President and Chief Risk Officer.
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Rhea-AI Filing Summary
CHAIN BRIDGE BANCORP INC (CBNA) reported an insider Form 4 for David M. Evinger, President and Chief Risk Officer. Evinger made two bona fide gift transfers totaling 680 shares of Class B Common Stock, each share convertible into one share of Class A Common Stock and carrying no expiration date.
The gifted shares were previously held indirectly and co-owned with his adult children. After these gifts, Evinger reports no beneficial interest in those co-owned indirect shares, while his directly held shares are unaffected.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock F1 | 340 | $0.00 | $0.00 |
| Gift | Class B Common Stock F1 | 340 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
bona fide gift regulatory
Class B Common Stock financial
Class A Common Stock financial
beneficial interest regulatory
convertible financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CBNA executive David M. Evinger report on this Form 4?
How do the reported CBNA gifts affect David M. Evinger’s beneficial ownership?
What is the relationship between CBNA’s Class B and Class A Common Stock in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.