Hingham Institution for Savings (CBNA) discloses 8.9% Chain Bridge stake
Rhea-AI Filing Summary
Hingham Institution for Savings filed a Schedule 13G reporting beneficial ownership of 293,565 shares of Chain Bridge Bancorp Inc. Class A common stock, representing 8.9% of the class as of the event date. Hingham and its wholly owned subsidiary, Hingham Unpledged Securities Corporation, have sole voting and dispositive power over these shares.
The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Chain Bridge Bancorp.
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FAQ
What ownership stake in CBNA does Hingham Institution for Savings report?
Hingham Institution for Savings reports beneficial ownership of 293,565 shares of Chain Bridge Bancorp Inc. Class A common stock. This represents 8.9% of the outstanding class, giving Hingham a significant but non‑controlling position according to the Schedule 13G filing.
Does Hingham Institution for Savings seek control of Chain Bridge Bancorp (CBNA)?
The filing states the securities were acquired and are held in the ordinary course of business. It explicitly notes they were not acquired and are not held for the purpose of changing or influencing the control of Chain Bridge Bancorp Inc., consistent with a passive Schedule 13G filing.
Who is the reporting person on this Schedule 13G for CBNA?
The Schedule 13G is jointly filed by Hingham Institution for Savings and its wholly owned subsidiary Hingham Unpledged Securities Corporation. Both entities are organized under the laws of the Commonwealth of Massachusetts and report beneficial ownership in Chain Bridge Bancorp Inc.
When is the event date for Hingham’s reported CBNA ownership?
The Schedule 13G lists December 31, 2025 as the date of the event requiring the filing. As of that date, Hingham Institution for Savings and its subsidiary reported their 8.9% beneficial ownership position in Chain Bridge Bancorp Inc. Class A common stock.