STOCK TITAN

Forbright (FRBT) CFO Lynch has shares withheld to cover tax on vested stock

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Forbright, Inc. EVP and CFO Christopher Spencer Lynch reported a Form 4 reflecting a tax-withholding disposition of Class A Common Stock. On August 7, 2026, 4,915 shares were withheld by the company at a price of $19.08 per share to satisfy tax obligations arising from the vesting of 10,000 restricted shares. Following this withholding, Lynch directly holds 98,688 shares, including multiple restricted stock awards with multi-year vesting schedules.

Positive

  • None.

Negative

  • None.
Insider Lynch Christopher Spencer
Role EVP and CFO
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1, F2, F3 4,915 $19.08 $94K
Holdings After Transaction: Class A Common Stock — 98,688 shares (Direct)
Footnotes (3)
  1. F1. Represents shares withheld by the Issuer for the satisfaction of the Reporting Person's tax withholding obligations in connection with the vesting of 10,000 shares of restricted stock on August 7, 2026.
  2. F2. Reflects market closing price on August 7, 2026.
  3. F3. Includes (i) 25,130 restricted stock awards ("RSAs") granted on March 13, 2025 that vest in five substantially equal annual installments on the first five anniversaries of the grant date; (ii) 13,500 RSAs granted on February 12, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date; and (iii) 46,875 RSAs granted on April 29, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date.
Shares withheld for tax 4,915 shares Class A Common Stock withheld on August 7, 2026 for tax withholding obligations
Withholding price per share $19.08 per share Market closing price on August 7, 2026 applied to withheld shares
Shares held after transaction 98,688 shares Direct Class A Common Stock holdings following the tax-withholding disposition
RSAs granted March 13, 2025 25,130 RSAs Vest in five substantially equal annual installments from the grant date
RSAs granted February 12, 2026 13,500 RSAs Vest in three substantially equal annual installments from the grant date
RSAs granted April 29, 2026 46,875 RSAs Vest in three substantially equal annual installments from the grant date
restricted stock awards financial
"Includes 25,130 restricted stock awards ("RSAs") granted on March 13, 2025"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
vesting financial
"for the satisfaction of the Reporting Person's tax withholding obligations in connection with the vesting of 10,000 shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax withholding obligations financial
"shares withheld by the Issuer for the satisfaction of the Reporting Person's tax withholding obligations"
market closing price financial
"Reflects market closing price on August 7, 2026."

FAQ

What insider transaction did Forbright (FRBT) report for CFO Christopher Spencer Lynch?

Forbright (FRBT) reported that EVP and CFO Christopher Spencer Lynch had 4,915 shares of Class A Common Stock withheld on August 7, 2026 to satisfy tax withholding obligations from the vesting of 10,000 restricted shares.

At what price were the FRBT shares withheld for Christopher Spencer Lynch’s tax obligations?

The withheld Forbright (FRBT) shares were valued at $19.08 per share, reflecting the market closing price on August 7, 2026, when 4,915 shares were used to satisfy Lynch’s tax withholding obligations on vested restricted stock.

How many Forbright (FRBT) shares does Christopher Spencer Lynch hold after this Form 4 transaction?

After the tax-withholding disposition, Christopher Spencer Lynch directly holds 98,688 shares of Forbright (FRBT) Class A Common Stock, which includes several restricted stock awards subject to multi-year vesting schedules granted in 2025 and 2026.

What triggered the tax-withholding share disposition for Forbright (FRBT) CFO Lynch?

The disposition was triggered by the vesting of 10,000 restricted shares on August 7, 2026. To meet associated tax withholding obligations, Forbright withheld 4,915 shares of Class A Common Stock from Christopher Spencer Lynch at $19.08 per share.

What restricted stock awards does Christopher Spencer Lynch hold in Forbright (FRBT)?

Lynch’s holdings include 25,130 RSAs granted March 13, 2025 (5 annual installments), 13,500 RSAs granted February 12, 2026 (3 installments), and 46,875 RSAs granted April 29, 2026 (3 installments), all vesting in substantially equal annual tranches.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lynch Christopher Spencer

(Last)(First)(Middle)
4445 WILLARD AVENUE
SUITE 1000

(Street)
CHEVY CHASE MARYLAND 20815

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Forbright, Inc. [ FRBT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock08/07/2026F4,915(1)D$19.08(2)98,688(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer for the satisfaction of the Reporting Person's tax withholding obligations in connection with the vesting of 10,000 shares of restricted stock on August 7, 2026.
2. Reflects market closing price on August 7, 2026.
3. Includes (i) 25,130 restricted stock awards ("RSAs") granted on March 13, 2025 that vest in five substantially equal annual installments on the first five anniversaries of the grant date; (ii) 13,500 RSAs granted on February 12, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date; and (iii) 46,875 RSAs granted on April 29, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date.
Remarks:
/s/ Randi Killen, as attorney-in-fact08/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)