Capital Bancorp (CBNK) CEO exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Capital Bancorp Inc Chief Executive Officer Barry Edward reported multiple equity award transactions in common stock and restricted stock units on February 15, 2026. He exercised restricted stock units covering 2,570 and 2,803 units, converting them into the same number of common shares at a price of $0.00 per share.
To satisfy tax obligations tied to these awards, he disposed of 1,296 and 1,278 shares of common stock at a price of $31.79 per share in tax-withholding transactions, not open‑market sales. Following these transactions, he directly owned 152,692 shares of common stock and also reported indirect ownership of 220,004 common shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,373 shares exercised/converted
Mixed
13 txns
Insider
Barry Edward F
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,570 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,803 | $0.00 | -- |
| Exercise | Common Stock | 2,570 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,296 | $31.79 | $41K |
| Exercise | Common Stock | 2,803 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,278 | $31.79 | $41K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 152,463 shares (Direct);
Stock Options — 12,500 shares (Direct);
Common Stock — 220,004 shares (Indirect, By Spouse)
Footnotes (1)
- Each Restricted Stock Unit represents the right to receive one share of common stock. The Restricted Stock Unit will vest in three equal annual installments beginning 02/15/24. The Restricted Stock Unit will vest in three equal annual installments beginning 02/15/25. The Stock Options vest in four equal annual installments beginning on the first anniversary of the date of grant. The Restricted Stock Unit will vest in four equal annual installments beginning 3/3/2026. The Restricted Stock Unit will vest in three equal annual installments beginning 03/14/26.
FAQ
What insider transactions did Capital Bancorp (CBNK) CEO report on February 15, 2026?
Capital Bancorp CEO Barry Edward exercised restricted stock units and reported related tax-withholding share dispositions on February 15, 2026. He converted RSUs into common shares at $0.00 per share and delivered some shares at $31.79 per share to cover tax obligations.
What is the Capital Bancorp (CBNK) CEO’s direct common stock ownership after these transactions?
After the reported transactions, the CEO directly owned 152,692 Capital Bancorp common shares. This figure reflects exercises of restricted stock units into common stock and the related tax-withholding share deliveries recorded on February 15, 2026.
What do the restricted stock unit terms disclosed for Capital Bancorp (CBNK) indicate?
Each restricted stock unit represents the right to receive one Capital Bancorp common share. The footnotes state that various RSU grants vest in three or four equal annual installments beginning on specified dates, defining when shares will be delivered over time.