Capital Bancorp director acquires 646 and 375 shares
The director's disclosed equity awards include options expiring January 24, 2034, and restricted stock units scheduled to vest March 2, 2027.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Capital Bancorp Inc director Marc H McConnell exercised options on September 23, 2026, acquiring 646 common shares at a $16.09 exercise price and 375 common shares at a $30.51 exercise price. His reported awards also include options covering 1,614 and 526 common shares, with exercise prices of $17.95 and $29.41, respectively, plus 136 restricted stock units scheduled to vest March 2, 2027. Indirect holdings include 156,926 shares through McConnell Legacy Investments, LLC; 44,823 through Marc H McConnell Revocable Trust; 3,345 through Marc H McConnell IRA; and 557 shares each held by his son and daughter.
Insider Trade Summary
1,021 shares exercised/converted
Exercise
4 txns
Insider
MCCONNELL MARC H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F1 | 646 | $0.00 | $0.00 |
| Exercise | Stock Options F2 | 375 | $0.00 | $0.00 |
| Exercise | Common Stock | 646 | $16.09 | $10K |
| Exercise | Common Stock | 375 | $30.51 | $11K |
| Holding | Stock Options F3 | -- | -- | -- |
| Holding | Stock Options F2 | -- | -- | -- |
| Holding | Restricted Stock Units F4, F5 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 3,911 options, with 2,140 underlying shares of Common Stock (Direct);
Common Stock — 19,547 shares (Direct);
Restricted Stock Units — 136 units (Direct);
Common Stock — 156,926 shares (Indirect, By McConnell Legacy Investments, LLC);
Common Stock — 3,345 shares (Indirect, By Marc H McConnell IRA);
Common Stock — 44,823 shares (Indirect, By Marc H McConnell Revocable Trust);
Common Stock — 557 shares (Indirect, By son);
Common Stock — 557 shares (Indirect, By daughter)
Holdings Before and After:
Stock Options, 4,932 to 3,911 options (Direct);
Common Stock, 18,526 to 19,547 shares (Direct)
Footnotes (5)
- F1. Received in the Merger in exchange for an employee stock option to acquire 2,000 shares of IFHI common stock for $26.00 per share. The stock options vest 40% on October 1, 2024 and 20% on each of September 21, 2025, September 21, 2026 and September 21, 2027.
- F2. The Stock Options vest in four equal annual installments beginning on the first anniversary of the date of grant.
- F3. Received in the Merger in exchange for an employee stock option to acquire 2,500 shares of IFHI common stock for $29.00 per share. The stock options vest 20% on October 1, 2024 and 20% on each of January 25, 2025, January 25, 2026, January 25, 2027 and January 25, 2028.
- F4. Each Restricted Stock Unit represents the right to receive one share of common stock.
- F5. The Restricted Stock Units will vest on 3/2/2027.
Key Figures
Common shares acquired through option exercise: 646 shares
Exercise price: $16.09 per share
Common shares acquired through option exercise: 375 shares
+4 more
7 metrics
Common shares acquired through option exercise
646 shares
Exercise price $16.09 per share on September 23, 2026.
Exercise price
$16.09 per share
Options exercised for 646 common shares on September 23, 2026.
Common shares acquired through option exercise
375 shares
Exercise price $30.51 per share on September 23, 2026.
Exercise price
$30.51 per share
Options exercised for 375 common shares on September 23, 2026.
Common shares underlying options
1,614 shares
Exercise price $17.95; expiration January 24, 2034.
Common shares underlying options
526 shares
Exercise price $29.41; expiration March 2, 2031.
Restricted stock units
136 units
Scheduled to vest March 2, 2027.
Key Terms
employee stock option, vest, Restricted Stock Unit
3 terms
employee stock option financial
"in exchange for an employee stock option to acquire 2,000 shares"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
vest financial
"vest 40% on October 1, 2024 and 20% on each of September 21, 2025"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When do Marc H McConnell's remaining CBNK options expire?
The report lists options covering 1,614 common shares with a $17.95 exercise price expiring January 24, 2034, and options covering 526 common shares with a $29.41 exercise price expiring March 2, 2031.
What vesting schedules are listed for Marc H McConnell's CBNK options?
Options covering 646 shares vest 40% on October 1, 2024, then 20% on each of September 21, 2025, September 21, 2026, and September 21, 2027. Options covering 375 shares vest in four equal annual installments beginning on the first anniversary of the grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
