CBNK insider sale notice: 40,000 common shares planned for Aug 26, 2025
Rhea-AI Filing Summary
Capital Bancorp, Inc. (CBNK) filed a Form 144 notifying the proposed sale of 40,000 shares of common stock through Keefe, Bruyette & Woods on NASDAQ, with an aggregate market value of $1,374,906.48 and approximately 16,583,541 shares outstanding. The securities were originally acquired on June 24, 2013 as a purchase of 10,000 shares for $17 per share that later split into 40,000 shares. The filing lists an approximate sale date of August 26, 2025. The filer reports no sales of issuer securities in the past three months and includes the standard attestation that no undisclosed material adverse information is known.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for 40,000 shares, small relative to outstanding shares; likely neutral for valuation.
The Form 144 documents a planned sale of 40,000 common shares valued at $1.37 million, representing roughly 0.24% of the stated outstanding shares (40,000/16,583,541). The filing shows the shares were acquired in 2013 and resulted from a split of an original purchase. No other recent sales are reported. Given the small proportion of outstanding shares and absence of recent trading activity disclosures, this appears to be a routine Section 144 notice rather than a material shift in ownership or control.
TL;DR: Compliance filing meets Rule 144 disclosure requirements; contains standard attestation about material information.
The notice supplies required details: broker name and address, acquisition date and consideration, aggregate market value, and intended sale date. The filer attests no undisclosed material adverse information and reports no sales in the prior three months, which supports compliance with required aggregation and timing rules. There are no indications in the form of related-party transactions, plan-adoption dates, or other governance issues that would elevate investor concern from this filing alone.