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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.
Key Figures
Beneficially owned shares:4,962,235 sharesOwnership percentage:13.7%Shares outstanding baseline:33,173,832 shares+3 more
6 metrics
Beneficially owned shares4,962,235 sharesAggregate Class A common stock John Delaney may be deemed to beneficially own
Ownership percentage13.7%Percentage of Forbright Class A common stock beneficially owned by John Delaney
Shares outstanding baseline33,173,832 sharesClass A common stock outstanding as of August 14, 2026 used for ownership calculation
Vested option shares2,965,000 sharesClass A common stock issuable upon exercise of vested options held by John Delaney
Sole voting and dispositive power4,837,235 sharesShares over which John Delaney has sole voting and dispositive power
Shared voting and dispositive power125,000 sharesShares 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 ownfinancial
"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 powerfinancial
"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 stockfinancial
"including 170,431 shares of restricted Class A common stock"
vested optionsfinancial
"2,965,000 shares of Class A common stock issuable upon the exercise of vested options"
Schedule 13Gregulatory
"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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
How many Forbright (FRBT) shares does John Delaney beneficially own in total?
John Delaney may be deemed to beneficially own 4,962,235 shares of Forbright Class A common stock. This includes 2,965,000 vested option shares, direct holdings, restricted stock, and shares held through several related LLCs.
How many Forbright (FRBT) shares underlying options are included in John Delaney’s 13G filing?
The filing states that 2,965,000 shares of Forbright Class A common stock are issuable upon the exercise of vested options held directly by John Delaney. These option shares are included in his total beneficial ownership calculation.
What voting power does John Delaney report over Forbright (FRBT) shares?
John Delaney reports sole voting power over 4,837,235 shares and shared voting power over 125,000 shares of Forbright Class A common stock. He similarly reports sole and shared dispositive power over the same respective share amounts.
How many Forbright (FRBT) shares are outstanding for the ownership calculation in this 13G?
The ownership percentage is calculated using 33,173,832 shares of Forbright Class A common stock outstanding as of August 14, 2026, plus 2,965,000 vested option shares that are included in John Delaney’s beneficial ownership.
Which entities hold Forbright (FRBT) shares that are attributed to John Delaney?
The beneficial ownership includes shares held by AMD 09 LLC, JKD 09 LLC, and SBLG Family Investment LLC. John Delaney has sole voting and dispositive power over certain LLC-held shares and may be deemed to own others through his spouse.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Forbright, Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
34520K105
(CUSIP Number)
06/30/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
34520K105
1
Names of Reporting Persons
John Delaney
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
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
4,837,235.00
6
Shared Voting Power
125,000.00
7
Sole Dispositive Power
4,837,235.00
8
Shared Dispositive Power
125,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,962,235.00
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)
13.7 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Forbright, Inc.
(b)
Address of issuer's principal executive offices:
4445 WILLARD AVENUE SUITE 1000 CHEVY CHASE Maryland 20815
Item 2.
(a)
Name of person filing:
This Schedule 13G is filed by John Delaney (the "Reporting Person").
(b)
Address or principal business office or, if none, residence:
The principal business address of the Reporting Person is 4445 Willard Ave, Suite 1000, Chevy Chase, Maryland 20815.
(c)
Citizenship:
See response to Row 4 on the cover page.
(d)
Title of class of securities:
Class A Common Stock
(e)
CUSIP Number(s):
34520K105
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:
See response to Row 9 on the cover page.
The Reporting Person may be deemed to beneficially own in the aggregate 4,962,235 shares of Class A common stock of Forbright, Inc. (the "Issuer"), consisting of (i) 1,526,858 shares of Class A common stock held directly by the Reporting Person, (ii) 170,431 shares of restricted Class A common stock, (iii) 125,000 shares of Class A common stock held by AMD 09 LLC, (iv) 125,000 shares of Class A common stock held by JKD 09 LLC, (v) 49,946 shares of Class A common stock held by SBLG Family Investment LLC and (vi) 2,965,000 shares of Class A common stock issuable upon the exercise of vested options held directly by the Reporting Person (the "Options"). The Reporting Person has sole voting and dispositive power over the securities held by JKD 09 LLC and SBLG Family Investment LLC. The Reporting Person may be deemed to beneficially own the securities held by AMD 09 LLC through his spouse's voting and dispositive power over such securities.
(b)
Percent of class:
See response to Row 11 on the cover page.
The beneficial ownership percentage reported herein is calculated based on (i) 33,173,832 shares of Class A common stock outstanding as of August 14, 2026, as provided by the Issuer, plus (ii) 2,965,000 shares of Class A common stock issuable upon the exercise of the Options.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See response to Row 5 on the cover page.
(ii) Shared power to vote or to direct the vote:
See response to Row 6 on the cover page.
(iii) Sole power to dispose or to direct the disposition of:
See response to Row 7 on the cover page.
(iv) Shared power to dispose or to direct the disposition of:
See response to Row 8 on the cover page.
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:
Not Applicable
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.
