Forbright to redeem $25M in notes on December 1

The redemption price is 100% of principal plus accrued and unpaid interest to, but excluding, December 1, 2026.

Rhea-AI Filing Summary

Forbright, Inc. notified holders on October 21, 2026, that it will redeem all outstanding 5.75% Fixed-to-Floating Rate Subordinated Notes on December 1, 2026. The aggregate principal amount outstanding is $25,000,000.

The redemption price will equal 100% of principal for the Notes redeemed, plus accrued and unpaid interest to, but excluding, December 1, 2026. The Notes are due December 1, 2029.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Interest rate: 5.75% Aggregate principal outstanding: $25,000,000 Redemption price: 100% of principal amount +2 more

5 metrics

Interest rate 5.75% Rate in the Notes' title

Aggregate principal outstanding $25,000,000 Outstanding Notes

Redemption price 100% of principal amount Plus accrued and unpaid interest to, but excluding, the redemption date

Redemption date December 1, 2026 Date all outstanding Notes will be redeemed

Maturity date December 1, 2029 Date the Notes are due

Key Terms

Fixed-to-Floating Rate, Subordinated Notes, accrued and unpaid interest

3 terms

Fixed-to-Floating Rate financial

"5.75% Fixed-to-Floating Rate Subordinated Notes"

A fixed-to-floating rate is a type of loan or investment that starts with a fixed interest rate for a certain period, meaning the payments stay the same, then switches to a variable rate that can change over time based on market conditions. This matters because it offers the stability of fixed payments initially, but also the flexibility to benefit if interest rates drop later.

Subordinated Notes financial

"5.75% Fixed-to-Floating Rate Subordinated Notes"

Subordinated notes are loans companies issue that rank below other debts for repayment, meaning holders get paid only after higher-priority creditors if the issuer runs into trouble. Because they act like being farther back in line at a buffet, they usually offer higher interest to compensate for greater risk, so investors watch them for potential higher returns but also increased chance of loss and sensitivity to the issuer’s financial health.

accrued and unpaid interest financial

"plus any accrued and unpaid interest"

Accrued and unpaid interest is the interest that has built up on a loan or debt but hasn't been paid yet. It's like owing your friend money for a favor over time—you're expected to pay it later, even though you haven't paid it yet. This matters because it shows how much you owe beyond the original amount borrowed.

FAQ

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

How much FRBT debt will be redeemed?

Forbright will redeem all outstanding Notes, which have an aggregate principal amount of $25,000,000, on December 1, 2026.

What will FRBT pay for the notes it redeems?

The redemption price will be 100% of the principal amount of the Notes redeemed, plus accrued and unpaid interest to, but excluding, December 1, 2026.

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

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/22/2026 - 04:16 PM EDT Accepted by SEC EDGAR 10/22/2026 - 04:16 PM EDT Learn about SEC filing dates

false000192506200019250622026-10-212026-10-21

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________________

FORM 8-K

___________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): October 21, 2026

___________________________________

Forbright, Inc.

(Exact name of registrant as specified in its charter)

___________________________________

Delaware (State or other jurisdiction of incorporation or organization)			001-43343 (Commission File Number)			26-3126112 (I.R.S. Employer Identification Number)
4445 Willard Avenue, Suite 1000 Chevy Chase, Maryland 20815
(Address of principal executive offices and zip code)
(301) 299-8810
(Registrant's telephone number, including area code)

___________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading Symbol			Name of each exchange on which registered
Class A Common Stock, par value $0.001 per share			FRBT			The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.

Emerging growth company    x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 8.01 - Other Events.

On October 21, 2026, Forbright, Inc. (the "Company") sent notice to the holders of the Company’s 5.75% Fixed-to-Floating Rate Subordinated Notes due December 1, 2029 (CUSIP QIBS: 20727PAE4; CUSIP ACCREDITED INVESTORS: 20727PAF1) (the "Notes") that the Company will redeem all outstanding Notes on December 1, 2026. The aggregate principal amount of Notes outstanding is $25,000,000. The redemption price for the Notes will be equal to 100% of the principal amount of the Notes redeemed, plus any accrued and unpaid interest to, but excluding, the redemption date of December 1, 2026.

Item 9.01 - Financial Statements and Exhibits.

(d) The following exhibits are being filed herewith:

Exhibit Number						Description
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						FORBRIGHT, INC.
Date:			October 22, 2026			By:			/s/ Christopher S. Lynch
						Name:			Christopher S. Lynch
						Title:			Chief Financial Officer

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 22.0 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.7 KB