Capital One (NYSE: COF) exec converts 2,014 RSUs; 893 shares withheld for taxes
Rhea-AI Filing Summary
Capital One Financial reported insider transactions by officer Jason P. Hanson on 2026-08-01. 2,014 restricted stock units were exercised and converted into an equal number of common shares, and the restricted stock unit award has vested in full. Of the common shares issued, 893 were withheld by the company at $209.01 per share to satisfy Hanson’s tax obligation associated with the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,121 shares
Net Buy
3 txns
Insider
Hanson Jason P.
Role
Pres.- Global Payment Network
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F1, F4, F5 | 2,014 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,014 | -- | -- |
| Tax Withholding | Common Stock F2 | 893 | $209.01 | $187K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 41,351 shares (Direct)
Footnotes (5)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. These shares were withheld by the Company to satisfy the reporting person's tax obligation associated with the restricted stock. This share withholding was authorized in the restricted stock award agreement.
- F3. Shares of Issuer common stock in respect of restricted stock unit awards. Reflects restricted stock unit awards in respect of shares of common stock of Discover Financial Services that were converted into restircted stock unit awards in respect of shares of common stock of the Issuer.
- F4. The restricted stock units vest in two equal annual installments beginning 08/01/2025. The RSUs have no expiration date.
- F5. The total number of securities reported has been updated to correct an administrative error. The restricted stock unit has vested in full.
Key Figures
RSUs converted: 2,014 shares
Common shares from RSU conversion: 2,014 shares
Shares withheld for taxes: 893 shares
+2 more
5 metrics
RSUs converted
2,014 shares
Restricted stock units converted into common stock on 2026-08-01
Common shares from RSU conversion
2,014 shares
Capital One common stock acquired upon RSU conversion
Shares withheld for taxes
893 shares
Common shares withheld to satisfy the reporting person’s tax obligation
Tax withholding price
$209.01 per share
Per-share value used for shares withheld for tax obligations
Transaction date
2026-08-01
Date of RSU exercise, share issuance, and related tax withholding
Key Terms
Restricted Stock Units, tax obligation, derivative security, restricted stock unit awards
4 terms
Restricted Stock Units financial
"Security titled "Restricted Stock Units" was exercised into common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax obligation financial
"Shares were withheld by the Company to satisfy the reporting person's tax obligation."
derivative security financial
"Transaction coded as an exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
restricted stock unit awards financial
"Shares of Issuer common stock in respect of restricted stock unit awards."
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Jason P. Hanson report for Capital One (COF)?
Jason P. Hanson reported exercising 2,014 restricted stock units into common stock for Capital One. The award has vested in full, and part of the resulting common shares was withheld to cover his associated tax obligation.
How many restricted stock units did the Capital One (COF) executive convert?
The executive converted 2,014 restricted stock units into an equal number of Capital One common shares. The units convert on a one-for-one basis, as disclosed in the transaction footnotes for this equity award.
Were the reported Capital One (COF) restricted stock units fully vested?
Yes. The disclosure states that the restricted stock unit award has vested in full. Earlier vesting terms referenced two equal annual installments, but the total number of securities was updated to reflect full vesting of the award.
Was the Capital One (COF) insider transaction under a Rule 10b5-1 plan?
No. The Form 4’s Rule 10b5-1 checkbox is not marked as an affirmative trading plan, indicating the reported transactions were not executed under a Rule 10b5-1 pre-arranged trading plan.