Capital Bancorp insider reports RSU settlement and tax share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Capital Bancorp (CBNK) reported insider equity activity by President and COO Steven M. Poynot. On 10/11/2025, 666 common shares were acquired via the settlement of restricted stock units (transaction code M) at $0. The same day, 201 shares were disposed of (code F) at $28.76, typically for tax withholding.
Following these transactions, holdings were 1,397 shares direct and 5,253 shares indirect (by IRA). Derivative holdings include 1,131 RSUs and multiple option grants with scheduled vesting per the award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
666 shares exercised/converted
Mixed
9 txns
Insider
Poynot Steven M
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 666 | $0.00 | -- |
| Exercise | Common Stock | 666 | $0.00 | -- |
| Tax Withholding | Common Stock | 201 | $28.76 | $6K |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 1,598 shares (Direct);
Stock Options — 2,000 shares (Direct);
Common Stock — 5,253 shares (Indirect, By IRA)
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 10/11/2023. 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.
FAQ
What did CBNK disclose on this Form 4?
The President and COO, Steven M. Poynot, acquired 666 shares via RSU settlement and disposed of 201 shares at $28.76 on 10/11/2025.
What do the Form 4 transaction codes M and F mean for CBNK?
Code M reflects exercise/settlement of a derivative (RSUs); code F indicates shares disposed to cover taxes.
What derivative awards remain outstanding for the insider at CBNK?
The filing lists 1,131 RSUs outstanding and option grants in various tranches with scheduled vesting and expirations.
When do the RSUs and options vest for the CBNK insider?
RSUs that settled were part of awards vesting annually from 10/11/2023; another RSU award vests in four annual installments beginning 3/3/2026.