North Reef reports 9.68% Eagle Bancorp (EGBN) stake in Schedule 13G/A

Rhea-AI Filing Summary

North Reef Capital Management and related parties reported a significant passive stake in Eagle Bancorp, Inc. They beneficially own 2,940,000 shares of Eagle Bancorp common stock, representing 9.68% of the outstanding class as of December 31, 2025.

The shares are held with shared power to vote and dispose, and no sole voting or dispositive power. The investors certify the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Eagle Bancorp, aside from activities solely in connection with a director nomination process under applicable rules.

Insights

Equity ownership and governance analyst

North Reef reports a 9.68% passive stake in Eagle Bancorp.

North Reef Capital Management, its general partner, and James Hanna III collectively report beneficial ownership of 2,940,000 Eagle Bancorp common shares, equal to 9.68% of the class as of December 31, 2025. All voting and dispositive power over these shares is shared rather than sole.

The group classifies the holding as passive, certifying that the securities are held in the ordinary course of business and not to change or influence control, except for activities tied to a nomination process under Rule 14a-11. Actual implications depend on how actively this sizable holder engages in governance.

Subsequent disclosures may clarify any future changes in ownership percentage or intent, particularly if the stake moves above or below key thresholds such as 10% or if the investors switch from passive to active status in later reports.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Eagle Bancorp, Inc.

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

268948106

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 268948106

1

Names of Reporting Persons

North Reef Capital Management LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,940,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,940,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,940,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.68 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP No. 268948106

1

Names of Reporting Persons

North Reef Capital Management GP LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,940,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,940,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,940,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.68 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Limited Liability Company

SCHEDULE 13G

CUSIP No. 268948106

1

Names of Reporting Persons

James Hanna, III

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,940,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,940,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,940,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.68 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Eagle Bancorp, Inc.
(b)	Address of issuer's principal executive offices: 7830 Old Georgetown Road, Third Floor, Bethesda, MD, 20814
Item 2.
(a)	Name of person filing: North Reef Capital Management LP North Reef Capital Management GP LLC James Hanna, III
(b)	Address or principal business office or, if none, residence: c/o North Reef Capital Management LP 1833 South Coast Highway Suite 210 Laguna Beach, California 92651
(c)	Citizenship: North Reef Capital Management LP - Delaware North Reef Capital Management GP LLC - Delaware James Hanna, III - California
(d)	Title of class of securities: Common Stock, $0.01 par value
(e)	CUSIP No.: 268948106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,940,000
(b)	Percent of class: 9.68 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 2,940,000
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2,940,000
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

North Reef Capital Management LP

Signature:	/s/ Daniel Locasto
Name/Title:	Chief Compliance Officer
Date:	02/17/2026

North Reef Capital Management GP LLC

Signature:	/s/ James Hanna, III
Name/Title:	Managing Member
Date:	02/17/2026

James Hanna, III

Signature:	/s/ James Hanna, III
Name/Title:	James Hanna, III
Date:	02/17/2026

Exhibit Information

EXHIBIT 99.1 - JOINT FILING AGREEMENT

FAQ

What ownership stake does North Reef hold in Eagle Bancorp (EGBN)?

North Reef Capital Management and related parties report beneficial ownership of 2,940,000 Eagle Bancorp common shares, representing 9.68% of the outstanding class as of December 31, 2025. This makes them a large institutional shareholder exceeding the 5% reporting threshold.

Is North Reef’s position in Eagle Bancorp (EGBN) passive or activist?

The group certifies its Eagle Bancorp stake is held in the ordinary course of business and not for changing or influencing control. They note an exception only for activities connected with a nomination process under Rule 14a-11, indicating a primarily passive intent.

How many Eagle Bancorp (EGBN) shares does North Reef control voting for?

North Reef and its affiliates report shared voting power over 2,940,000 shares and no sole voting power. They also report shared dispositive power over the same share amount, indicating coordinated control rather than individual control by any single reporting person.

Who are the reporting persons in the Eagle Bancorp (EGBN) Schedule 13G/A?

The reporting persons are North Reef Capital Management LP, North Reef Capital Management GP LLC, and James Hanna III. The entities are formed in Delaware, while Hanna is a California citizen, and they act together regarding the reported Eagle Bancorp position.

What class of Eagle Bancorp (EGBN) securities is reported in this ownership filing?

The filing covers Eagle Bancorp’s common stock with $0.01 par value, identified by CUSIP 268948106. All reported beneficial ownership, voting power, and dispositive power figures relate specifically to this single class of common equity securities.

What key date applies to North Reef’s reported Eagle Bancorp (EGBN) holdings?

The relevant event date for the reported Eagle Bancorp ownership is December 31, 2025. As of this date, North Reef and related reporting persons collectively held 2,940,000 common shares, equal to 9.68% of the class according to the ownership disclosure.