Barry Edward F 4

What Happened

• Barry Edward F, CEO of Capital Bancorp (CBNK), exercised/converted derivative awards (stock options/RSUs) on February 15, 2026 and had shares withheld to cover tax obligations. The filing shows acquisitions of 2,570 and 2,803 shares via exercise/conversion (priced at $0.00 in the filing) and tax-withholding disposals of 1,296 shares ($41,200) and 1,278 shares ($40,628), for a total tax withholding of $81,828. Some derivative awards were also marked as disposed/canceled as part of the conversion.

Key Details

• Transaction date: 2026-02-15; Form 4 filed: 2026-02-18.
• Exercises/conversions (code M): acquired 2,570 shares @ $0.00 and 2,803 shares @ $0.00.
• Tax withholding (code F): disposed 1,296 shares @ $31.79 for $41,200; disposed 1,278 shares @ $31.79 for $40,628. Total withheld = $81,828.
• Additional entries show the derivative awards (2,570 and 2,803) were disposed/cancelled as part of the conversion.
• Shares owned after the transaction are not listed in the provided data.
• Relevant footnotes: F1 (each RSU = 1 share) and other footnotes (F2–F6) describe varied vesting schedules for the awards; F4 notes stock options vest over four annual installments. The disposals labeled F indicate shares were surrendered/withheld to satisfy tax liabilities (not an open-market sale).
• Filing timeliness: Form 4 filed three days after the transaction date; no late-filing designation is indicated in the provided data.

Context

• This appears to be a routine exercise/vesting event with shares withheld to cover tax obligations (a common, administrative action), not an open-market sale that would necessarily signal a change in insider sentiment. For derivative transactions, the filing shows conversion/exercise of awards and immediate withholding of some resulting shares to pay taxes (a cashless/withholding action), rather than a voluntary sale on the open market.