FJ Capital and Financial Opportunity Fund File Schedule 13G/A for CBNA

Rhea-AI Filing Summary

Chain Bridge Bancorp, Inc. (CUSIP 15746L100) received a Schedule 13G/A disclosing that Financial Opportunity Fund LLC, FJ Capital Management LLC and Martin S. Friedman collectively report 293,788 shares of the issuer's common stock, representing 9.42% of the class. The filing identifies these holdings as shares of the issuer held by Financial Opportunity Fund LLC and notes shared voting and dispositive power over the 293,788 shares.

The statement clarifies that FJ Capital Management LLC is the managing member of Financial Opportunity Fund LLC and that Martin Friedman, as Managing Member of FJ Capital Management LLC, may be deemed to be a beneficial owner but disclaims beneficial ownership. The filing includes a certification that the shares were not acquired to change or influence control of the issuer.

Positive

• Disclosure of material stake: Reporting Persons disclose 293,788 shares (9.42%) of Chain Bridge Bancorp common stock.
• Clear ownership structure: Shares are identified as held by Financial Opportunity Fund LLC with FJ Capital Management LLC as managing member.
• Certification and signatures included: Filing contains execution and a certification that holdings were not acquired to influence control.

Negative

• None.

Insights

Securities Analyst

TL;DR: A disclosed >5% passive stake of 9.42% (293,788 shares) was reported on Schedule 13G/A.

This filing documents a material position above the 5% reporting threshold: 293,788 shares (9.42%). Ownership is reported as shared voting and dispositive power, held through Financial Opportunity Fund LLC with FJ Capital Management LLC as managing member. The Schedule 13G/A format and the certification language indicate the position is presented as passive rather than an active attempt to influence control. For investors, the record clarifies legal relationships and control claims without asserting a change in corporate governance intent.

Corporate Governance Expert

TL;DR: Ownership structure and disclaimer are clearly documented; no indication of an intent to influence control.

The statement specifies shared voting and dispositive power for the full 293,788-share position and includes an explicit disclaimer by Mr. Friedman that he may be deemed a beneficial owner but disclaims ownership. The filing also contains the required signature and certification language asserting the securities were not acquired to change or influence control. From a governance perspective, the document provides required transparency on beneficial ownership and internal managerial relationships without signaling a control contest.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Chain Bridge Bancorp Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

15746L100

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 15746L100

1

Names of Reporting Persons

FJ Capital Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power 293,788.00
7	Sole Dispositive Power
8	Shared Dispositive Power 293,788.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

293,788.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.42 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Relating to items 6, 8, and 9 of this page: Consists of 293,788 shares of Class A common stock of the Issuer held by Financial Opportunity Fund LLC of which FJ Capital Management LLC is the managing member. Martin Friedman is the Managing Member of FJ Capital Management LLC; as such, the Reporting Person may be deemed to be a beneficial owner of reported shares but as to which the Reporting Person disclaims beneficial ownership.

SCHEDULE 13G

CUSIP No. 15746L100

1

Names of Reporting Persons

Financial Opportunity Fund LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power 293,788.00
7	Sole Dispositive Power
8	Shared Dispositive Power 293,788.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

293,788.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.42 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Relating to items 6, 8, and 9 of this page: Consists of 293,788 shares of Class A common stock of the Issuer held by Financial Opportunity Fund, LLC.

SCHEDULE 13G

CUSIP No. 15746L100

1

Names of Reporting Persons

Martin S. Friedman

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power 293,788.00
7	Sole Dispositive Power
8	Shared Dispositive Power 293,788.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

293,788.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.42 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Relating to items 6, 8, and 9 of this page: Consists of 293,788 shares of Class A common stock of the Issuer held by Financial Opportunity Fund LLC of which FJ Capital Management LLC is the managing member. Martin Friedman is the Managing Member of FJ Capital Management LLC; as such, Mr. Friedman may be deemed to be a beneficial owner of reported shares but as to which Mr. Friedman disclaims beneficial ownership.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Chain Bridge Bancorp Inc.
(b)	Address of issuer's principal executive offices: 1445-A Laughlin Avenue, McLean, VA 22101
Item 2.
(a)	Name of person filing: This Schedule 13G is being filed on behalf of the following Reporting Persons: Financial Opportunity Fund LLC FJ Capital Management LLC Martin Friedman
(b)	Address or principal business office or, if none, residence: FJ Capital Management, LLC 7901 Jones Branch Drive, Suite 210 McLean, VA 22102 Financial Opportunity Fund LLC 7901 Jones Branch Drive, Suite 210 McLean, VA 22102 Martin Friedman 7901 Jones Branch Drive, Suite 210 McLean, VA 22102
(c)	Citizenship: Financial Opportunity Fund LLC and FJ Capital Management LLC - Delaware limited liability companies Martin Friedman - United States citizen
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 15746L100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: FJ Capital Management LLC - 293788 shares Financial Opportunity Fund LLC - 293788 shares Martin Friedman - 293788 shares
(b)	Percent of class: FJ Capital Management LLC - 9.42% Financial Opportunity Fund LLC - 9.42% Martin Friedman - 9.42%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: FJ Capital Management LLC - 293788 shares Financial Opportunity Fund LLC - 293788 shares Martin Friedman - 293788 shares
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: FJ Capital Management LLC - 293788 shares Financial Opportunity Fund LLC - 293788 shares Martin Friedman - 293788 shares
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

FJ Capital Management LLC

Signature:	Martin S. Friedman
Name/Title:	Managing Member
Date:	07/16/2025

Financial Opportunity Fund LLC

Signature:	FJ Capital Management LLC
Name/Title:	its Managing Member
Date:	07/16/2025

Signature:	Martin S. Friedman
Name/Title:	Managing Member
Date:	07/16/2025

Martin S. Friedman

Signature:	Martin S. Friedman
Name/Title:	Managing Member
Date:	07/16/2025

FAQ

How many shares of CBNA were disclosed in this filing?

The filing discloses 293,788 shares of Chain Bridge Bancorp common stock.

What percentage of Chain Bridge Bancorp (CBNA) does 293,788 shares represent?

The disclosed position represents 9.42% of the class.

Who are the reporting persons in the Schedule 13G/A for CBNA?

The filing lists Financial Opportunity Fund LLC, FJ Capital Management LLC, and Martin S. Friedman as reporting persons.

What type of ownership/control is reported for the disclosed shares?

The filing reports shared voting power and shared dispositive power for all 293,788 shares; sole voting and dispositive power are listed as 0.

Does the filing state the shares were acquired to influence control of the issuer (CBNA)?

No. The certification states the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

What is the CUSIP for the security referenced in this Schedule 13G/A?

The CUSIP provided in the filing is 15746L100.

When was the Schedule 13G/A signed?

Signatures on the filing are dated 07/16/2025.