Forbright director reports 18,476 trust-held shares
Forbright, Inc. director Nancy K. Eberhardt has filed an initial Form 3 disclosing indirect ownership of Class A common stock.
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Form Type
3
Rhea-AI Filing Summary
Forbright, Inc. director Nancy K. Eberhardt has filed an initial Form 3 disclosing indirect ownership of Class A common stock. The filing reports 18,476 shares of Class A common stock held through The Nancy K. Eberhhardt Revocable Trust, for which she serves as trustee and disclaims beneficial ownership except to the extent of her pecuniary interest.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eberhardt Nancy K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 18,476 shares (Indirect, By the Nancy K. Eberhardt Revocable Trust)
Footnotes (1)
- F1. These shares are held by The Nancy K. Eberhhardt Revocable Trust (the " Trust"), for which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of the shares held by the Trust, except to the extent of his pecuniary interest therein.
Key Figures
Indirect Class A shares: 18,476 shares
1 metrics
Indirect Class A shares
18,476 shares
Held by The Nancy K. Eberhhardt Revocable Trust
Key Terms
Form 3, Class A Common Stock, Revocable Trust, beneficial ownership, +1 more
5 terms
Form 3 regulatory
"Nancy K. Eberhardt has filed an initial Form 3 disclosing indirect ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Class A Common Stock financial
"reports 18,476 shares of Class A common stock held through"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Revocable Trust financial
"held through The Nancy K. Eberhhardt Revocable Trust, for which she serves as trustee"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
beneficial ownership regulatory
"disclaims beneficial ownership of the shares held by the Trust, except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the shares held by the Trust, except to the extent of his pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Nancy K. Eberhardt’s Form 3 for Forbright (FRBT) disclose?
The Form 3 discloses Eberhardt’s indirect holdings. It reports 18,476 shares of Forbright Class A common stock held through The Nancy K. Eberhhardt Revocable Trust, reflecting her initial beneficial ownership position as a director.
Is Nancy K. Eberhardt’s ownership in Forbright (FRBT) direct or indirect?
The Form 3 shows indirect ownership only. All 18,476 reported Class A common shares are held by The Nancy K. Eberhhardt Revocable Trust, identified as indirect ownership rather than shares held directly in her own name.
What ownership disclaimer is included in Nancy K. Eberhardt’s Forbright (FRBT) filing?
Eberhardt disclaims full beneficial ownership of the trust shares. The footnote states she disclaims beneficial ownership of shares held by the trust, except to the extent of her pecuniary interest in those securities.
Does Nancy K. Eberhardt’s Form 3 for Forbright (FRBT) show any recent transactions?
The Form 3 reflects holdings, not recent trades. The entry is categorized as a holding of 18,476 Class A shares by the revocable trust, with no buy, sell, or derivative exercise transactions reported in the summary data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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