Capital Bancorp (CBNK) director Mark Caplan corrects and updates equity holdings
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Capital Bancorp Inc director Mark Caplan filed an amended Form 3 updating his reported ownership in company securities. The amendment corrects previously reported stock option grants, showing 0 options from a 12/31/2020 grant, 450 options from a 12/31/2021 grant, and 1,131 options from a 1/1/2023 grant. He also reports 811 restricted stock units, each convertible into one common share and scheduled to vest on 3/3/2026. Common stock holdings now include 138,690 shares held directly, plus 15,000, 45,000, and 30,000 shares held indirectly through a trust, a Roth IRA, and an investment management account.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Caplan Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 0 shares (Direct);
Restricted Stock Units — 811 shares (Direct);
Common Stock — 138,690 shares (Direct);
Common Stock — 15,000 shares (Indirect, By Mark M. Caplan & Linda W. Caplan U/T)
Footnotes (1)
- The Stock Options vest in four equal annual installments beginning on the first anniversary of the date of grant. This amendment is being filed to reflect 0 stock options outstanding that were granted to the Reporting Person on 12/31/2020. The original Form 3 filing inadvertently included these stock options in the listing of Derivative Securities Beneficially Owned. This amendment is being filed to reflect 450 stock options outstanding that were granted to the Reporting Person on 12/31/2021. The original Form 3 filing inadvertently included 1,800 stock options in the listing of Derivative Securities Beneficially Owned. This amendment is being filed to reflect 1,131 stock options outstanding that were granted to the Reporting Person on 1/1/2023. The original Form 3 filing inadvertently included 2,265 stock options in the listing of Derivative Securities Beneficially Owned. The Restricted Stock Unit will vest on 3/3/2026. Each Restricted Stock Unit represents the right to receive one share of common stock.
FAQ
What does Mark Caplan’s amended Form 3 for Capital Bancorp (CBNK) change?
The amended Form 3 updates Mark Caplan’s reported holdings in Capital Bancorp securities. It corrects stock option amounts from prior grants and restates his current option, restricted stock unit, and common share positions, both direct and indirect, as of the amendment date.
How many Capital Bancorp stock options does Mark Caplan report in the amended Form 3?
The amendment reports 0 stock options from a 12/31/2020 grant, 450 options from a 12/31/2021 grant, and 1,131 options from a 1/1/2023 grant. These figures replace higher amounts that were inadvertently reported in the original Form 3 filing.
What restricted stock units does Mark Caplan hold in Capital Bancorp (CBNK)?
Mark Caplan reports 811 restricted stock units, each representing the right to receive one share of Capital Bancorp common stock. These units are scheduled to vest on 3/3/2026, aligning his future equity exposure with the company’s long-term performance.
Why was Capital Bancorp director Mark Caplan’s Form 3 amended?
The Form 3 was amended to correct previously misreported derivative holdings. Earlier disclosures overstated certain stock option grants, and the amendment replaces them with accurate counts while detailing restricted stock units and updated common share positions across direct and indirect accounts.