Capital Bancorp Inc: director Deborah RatnerSalzberg exercised 3,000 shares

What happened Deborah RatnerSalzberg, a director, exercised stock options and acquired 3,000 shares at $6.63 per share for $19,890, and a related disposition of 3,000 shares at $0.00 was also reported. Both transactions are reported for Nov 5, 2019.

Key details

• Transaction date(s) and price(s): Nov 5, 2019 — exercised 3,000 shares @ $6.63 for $19,890 (code M); disposed 3,000 shares @ $0.00 (derivative).
• Shares owned after the transaction: not stated in the provided filing excerpt.
• Footnotes from the filing:
  • F1: This Form 4 is being filed to report the exercise of stock options on Nov 5, 2019, which was inadvertently omitted from the reporting person's Section 16 filings when originally due.
  • F2: The stock options vest in four equal annual installments beginning on the first anniversary of the date of grant.
• Filing timeliness: filed Oct 16, 2026 to report a Nov 5, 2019 transaction (late filing per F1).

Why it may matter

• Options exercise: the filing reports an exercise of options and a related disposition; the filing does not state that this was a cashless exercise or that shares were sold in the market.
• This filing does not show why the insider traded or why the company acted.