LaPrade,III Frank G. 4
Research Summary
AI-generated summary
Capital One (COF) Frank LaPrade Receives Restricted Stock Award
What Happened
- Frank G. LaPrade III, Chief Enterprise Services Officer at Capital One Financial Corp (COF), was granted 8,150 restricted stock units (RSUs) on February 3, 2026. The award shows an acquisition price of $0.00 (an equity grant, not a purchase), so no cash changed hands at grant.
Key Details
- Transaction date: 2026-02-03; filing date: 2026-02-05 (timely Form 4 filing).
- Grant: 8,150 RSUs at $0.00 per unit (award/acquisition code A).
- Vesting: The RSUs vest in one-third increments beginning February 15, 2027 and annually thereafter (each RSU converts to one share upon vesting). (Footnote F1)
- Other note: Footnote F2 references the reporting person's equivalent share ownership in the Company’s 401(k) plan as of the latest transaction date.
- Shares owned after transaction: not specified in this Form 4.
Context
- RSU grants are a form of compensation and do not represent an immediate market purchase or sale; shares will be issued to the insider only as the units vest. Such awards are common for executives and are not direct indicators of buying or selling intent.