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Capital Bancorp director exercises 2,750 options

Whalen also reported four remaining option positions, with expirations through March 2, 2031, and 1,836 restricted stock units vesting March 2, 2027.

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Form Type
4

Rhea-AI Filing Summary

Capital Bancorp Inc director James F. Whalen exercised 2,750 stock options at $26.41 per share on September 29, 2026, acquiring 2,750 common shares. On that date, 2,011 shares were delivered or withheld for payment of exercise price or tax liability, at $36.12 per share. Reported indirect common-stock positions included 668,554 shares in James F. Whalen Revocable Trust, 58,400 in an IRA, 240,409 in Whalen Family, LLC, and 2,821 each in NMW Investments LLC and KAW Investments LLC. Remaining options covered 3,485, 4,400, 4,000 and 7,096 shares at exercise prices of $23.54, $24.20, $30.51 and $29.41, expiring January 1, 2028; January 1, 2029; March 3, 2030; and March 2, 2031, respectively. He also reported 1,836 restricted stock units vesting March 2, 2027.

Insider Whalen James F.
Role Director
Type Security Shares Price Value
Exercise Stock Options F1 2,750 $0.00 $0.00
Exercise Common Stock 2,750 $26.41 $73K
Exercise Price or Tax Liability Common Stock 2,011 $36.12 $73K
holding Stock Options F1 -- -- --
holding Stock Options F1 -- -- --
holding Stock Options F1 -- -- --
holding Stock Options F1 -- -- --
holding Restricted Stock Units F2, F3 -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Options — 18,981 contracts (Direct); Common Stock — 3,965 shares (Direct); Restricted Stock Units — 1,836 contracts (Direct); Common Stock — 668,554 shares (Indirect, By James F. Whalen Revocable Trust); Common Stock — 58,400 shares (Indirect, By IRA); Common Stock — 240,409 shares (Indirect, By Whalen Family, LLC); Common Stock — 2,821 shares (Indirect, By NMW Investments LLC); Common Stock — 2,821 shares (Indirect, By KAW Investments LLC)
Footnotes (3)
  1. F1. The Stock Options vest in four equal annual installments beginning on the first anniversary of the date of grant.
  2. F2. Each Restricted Stock Unit represents the right to receive one share of common stock.
  3. F3. The Restricted Stock Unit will vest on 3/2/2027.
Stock options exercised 2,750 options September 29, 2026
Exercise price $26.41 per share Options exercised September 29, 2026
Common shares acquired 2,750 shares September 29, 2026
Shares delivered or withheld 2,011 shares For payment of exercise price or tax liability on September 29, 2026
Price per share $36.12 per share Shares delivered or withheld on September 29, 2026
Restricted stock units 1,836 units Vest March 2, 2027
Stock Options financial
"The Stock Options vest in four equal annual installments"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Restricted Stock Unit financial
"Each Restricted Stock Unit represents the right to receive one share of common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
exercise price financial
"Options at an exercise price of $26.41 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
annual installments financial
"vest in four equal annual installments beginning on the first anniversary"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CBNK options did James F. Whalen exercise?

James F. Whalen exercised 2,750 stock options at $26.41 per share on September 29, 2026, acquiring 2,750 common shares.

How many CBNK shares were delivered or withheld when James F. Whalen exercised options?

On September 29, 2026, 2,011 shares were delivered or withheld for payment of exercise price or tax liability, at $36.12 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Whalen James F.

(Last)(First)(Middle)
2275 RESEARCH BLVD.
SUITE 600

(Street)
ROCKVILLE MARYLAND 20850

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Capital Bancorp Inc [ CBNK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/29/2026M2,750A$26.415,976D
Common Stock09/29/2026F2,011D$36.123,965D
Common Stock668,554IBy James F. Whalen Revocable Trust
Common Stock58,400IBy IRA
Common Stock240,409IBy Whalen Family, LLC
Common Stock2,821IBy NMW Investments LLC
Common Stock2,821IBy KAW Investments LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$26.4109/29/2026M2,75012/31/2022(1)12/31/2026Common Stock2,750$00D
Stock Options$23.5401/01/2024(1)01/01/2028Common Stock3,4853,485D
Stock Options$24.201/01/2025(1)01/01/2029Common Stock4,4004,400D
Stock Options$30.5103/03/2026(1)03/03/2030Common Stock4,0004,000D
Stock Options$29.4103/02/2027(1)03/02/2031Common Stock7,0967,096D
Restricted Stock Units(2) (3) (3)Common Stock1,8361,836D
Explanation of Responses:
1. The Stock Options vest in four equal annual installments beginning on the first anniversary of the date of grant.
2. Each Restricted Stock Unit represents the right to receive one share of common stock.
3. The Restricted Stock Unit will vest on 3/2/2027.
Remarks:
/s/ James F. Whalen, by Connie Egan as Attorney in Fact09/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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