Barry Edward F 4

What Happened
Capital Bancorp CEO Barry Edward F received restricted stock units (RSUs) and completed derivative transactions in mid‑March 2026. The filing shows a grant of 6,657 RSUs (reported 2026-03-13) and conversion/exercise activity on 2026-03-14 that resulted in 4,033 shares being issued/converted. Separately, 1,819 shares were surrendered/withheld to cover tax obligations at $28.75 per share for a withholding value of $52,296.

Key Details

• Transaction dates: grant on 2026-03-13; conversion/exercise and withholding on 2026-03-14. Filing date: 2026-03-17 (appears timely).
• Grant: 6,657 RSUs reported as acquired (code A) at $0.00 (each RSU = right to one share).
• Conversion/exercise: 4,033 shares reported as acquired (code M) at $0.00; the filing also shows 4,033 reported as disposed (derivative reporting format).
• Tax withholding: 1,819 shares disposed (code F) at $28.75 = $52,296 to satisfy tax liabilities.
• Shares owned after the transactions: not disclosed in the provided filing excerpt.
• Footnotes: filing notes RSUs convert 1:1 to common shares and have varying vesting schedules (examples include vesting beginning 3/14/2026 and 3/13/2027).

Context

• This looks like routine equity compensation activity: RSUs/derivative conversion and shares withheld to cover taxes (a common, non‑market‑timing event).
• For retail investors, withholding sales to cover taxes typically do not signal an intent to sell for investment reasons; they are administrative.