MCCONNELL MARC H 4

What Happened

• Marc H. McConnell, a director of Capital Bancorp, exercised stock options (Form 4 code M) on 2026-03-10 to acquire a total of 4,687 shares of common stock.
• The exercise was executed in three tranches: 323 shares at $19.18 ($6,195), 1,939 shares at $16.09 ($31,199), and 2,425 shares at $17.95 ($43,529), for total consideration of about $80,923.
• Matching $0.00 "disposition" line items reflect the conversion/disposition of the derivative option instruments into the underlying shares (not open-market sales).

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (appears timely; Form 4 is typically due within 2 business days).
• Tranches: 323 @ $19.18 ($6,195); 1,939 @ $16.09 ($31,199); 2,425 @ $17.95 ($43,529). Total shares acquired: 4,687; total paid ≈ $80,923.
• Shares owned after the transaction: Not reported in the provided filing.
• Transaction code: M = Option exercise. The $0.00 disposition entries denote the derivative instruments were converted, not sold for cash.
• Footnotes: Options were received in a merger and have specified vesting schedules (see F1–F4). Footnotes F5–F6 describe RSU mechanics and vesting dates where applicable.

Context

• This filing documents an exercise of previously granted options, not an open-market purchase or sale of shares. No immediate sale of the acquired shares is reported here.
• Exercises are routine insider transactions for realizing option value; they do not by themselves indicate a deliberate buy/sell market view.