Capital Bancorp Inc (CBNK) COO reports new stock grants and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Capital Bancorp Inc Chief Operating Officer Steven M. Poynot reported several equity transactions. On March 2, 2026, he received 1,058 Restricted Stock Units and 4,090 stock options, both vesting in four equal annual installments. On March 3, 2026, 283 Restricted Stock Units were exercised into 283 common shares, and 101 common shares at $29.82 each were withheld to cover tax obligations. He now directly holds 1,579 common shares and has additional indirect common share holdings through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
283 shares exercised/converted
Mixed
10 txns
Insider
Poynot Steven M
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 283 | $0.00 | -- |
| Exercise | Common Stock | 283 | $0.00 | -- |
| Tax Withholding | Common Stock | 101 | $29.82 | $3K |
| Grant/Award | Restricted Stock Units | 1,058 | $0.00 | -- |
| Grant/Award | Stock Options | 4,090 | $0.00 | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 848 shares (Direct);
Common Stock — 1,680 shares (Direct);
Stock Options — 4,090 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 Units will vest in four equal annual installments beginning on 3/2/2027. The Stock Options vest in four equal annual installments beginning on the first anniversary of the date of grant. The Restricted Stock Units will vest in four equal annual installments beginning 3/3/2026.
FAQ
What insider transactions did Capital Bancorp Inc (CBNK) report for Steven M. Poynot?
Capital Bancorp Inc reported that COO Steven M. Poynot received new Restricted Stock Units, stock options, and related share issuances and tax withholdings. These transactions reflect equity compensation awards rather than open-market purchases or sales of CBNK common stock.
How many Restricted Stock Units did the CBNK COO receive in this Form 4?
Steven M. Poynot received 1,058 Restricted Stock Units on March 2, 2026. Each unit represents the right to receive one share of common stock, vesting in four equal annual installments beginning on March 2, 2027, aligning compensation with long-term company performance.
What stock options were granted to the Capital Bancorp Inc COO?
On March 2, 2026, Steven M. Poynot was granted 4,090 stock options. These options vest in four equal annual installments starting on the first anniversary of the grant date, providing long-term incentive compensation tied to Capital Bancorp Inc’s share performance over several years.
What happened when the CBNK COO’s Restricted Stock Units converted to common stock?
On March 3, 2026, 283 Restricted Stock Units were exercised or converted into 283 shares of CBNK common stock. Following this conversion and related tax share withholding, Steven M. Poynot directly held 1,579 common shares of Capital Bancorp Inc.
When do Steven M. Poynot’s Restricted Stock Units at Capital Bancorp Inc vest?
Restricted Stock Units granted on March 2, 2026 vest in four equal annual installments beginning March 2, 2027. Another RSU grant vests in four equal annual installments beginning March 3, 2026, gradually delivering common shares as vesting milestones are met.