Forbright (FRBT) investor John Delaney discloses 4.96M-share, 13.7% Class A stake
Rhea-AI Filing Summary
Forbright, Inc. investor John Delaney reports beneficial ownership of 4,962,235 shares of the company’s Class A common stock on a Schedule 13G. This stake represents 13.7% of the Class A common stock, calculated using 33,173,832 shares outstanding as of August 14, 2026 plus shares underlying options.
The position includes 2,965,000 shares issuable upon exercise of vested options, as well as shares held directly, as restricted stock, and through several related entities. Delaney has sole voting and dispositive power over 4,837,235 shares and shared voting and dispositive power over 125,000 shares, including securities held through entities associated with him and his spouse.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 4,962,235 shares
Ownership percentage: 13.7%
Shares outstanding baseline: 33,173,832 shares
+3 more
6 metrics
Beneficially owned shares
4,962,235 shares
Aggregate Class A common stock John Delaney may be deemed to beneficially own
Ownership percentage
13.7%
Percentage of Forbright Class A common stock beneficially owned by John Delaney
Shares outstanding baseline
33,173,832 shares
Class A common stock outstanding as of August 14, 2026 used for ownership calculation
Vested option shares
2,965,000 shares
Class A common stock issuable upon exercise of vested options held by John Delaney
Sole voting and dispositive power
4,837,235 shares
Shares over which John Delaney has sole voting and dispositive power
Shared voting and dispositive power
125,000 shares
Shares over which John Delaney has shared voting and dispositive power
Key Terms
beneficially own, dispositive power, restricted Class A common stock, vested options, +1 more
5 terms
beneficially own financial
"The Reporting Person may be deemed to beneficially own in the aggregate 4,962,235 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power financial
"The Reporting Person has sole voting and dispositive power over the securities"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
restricted Class A common stock financial
"including 170,431 shares of restricted Class A common stock"
vested options financial
"2,965,000 shares of Class A common stock issuable upon the exercise of vested options"
Schedule 13G regulatory
"Forbright, Inc. investor John Delaney reports beneficial ownership on a Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What percentage of Forbright (FRBT) does John Delaney report owning on this Schedule 13G?
John Delaney reports beneficial ownership of 13.7% of Forbright’s Class A common stock. This is based on 33,173,832 shares outstanding plus 2,965,000 option shares that are vested and exercisable.
AI-generated analysis. How Rhea-AI works. Not financial advice.