LaPrade,III Frank G. 4
Research Summary
AI-generated summary
Capital One (COF) Frank G. LaPrade III Sells Shares (Tax Withholding)
What Happened
- Frank G. LaPrade III, Chief Enterprise Services Officer at Capital One (COF), had a total of 4,895 shares disposed on Feb 15, 2026 as automatic tax-withholding related to RSU vesting. The withholding consisted of:
- 1,711 shares @ $207.37 = $354,810 (related to RSUs granted Jan 26, 2023)
- 1,880 shares @ $207.37 = $389,856 (related to RSUs granted Feb 1, 2024)
- 1,304 shares @ $207.37 = $270,410 (related to RSUs granted Feb 4, 2025)
- Total value of shares withheld: approximately $1,015,076. These were dispositions to satisfy tax obligations (transaction code F), not open-market sales.
Key Details
- Transaction date: February 15, 2026; filing date: February 18, 2026 (filing appears timely).
- Price: $207.37 per share for all three withholding transactions.
- Shares disposed: 4,895 shares total; total proceeds/withholding value ≈ $1.02M.
- Shares owned after transaction: Not specified in the provided filing excerpts.
- Footnotes: F1–F3 indicate issuer automatic withholding to satisfy tax obligations for RSUs granted on 1/26/2023, 2/1/2024, and 2/4/2025. F4 notes the reporting person's equivalent share ownership in the company 401(k) plan (unitized), as of the latest transaction.
- Transaction code meaning: F = tax withholding on vested awards (routine administrative disposition).
Context
- This filing reflects standard withholding of shares to cover taxes when restricted stock units vest. Such withholding is routine and does not necessarily signal insider sentiment about the company's stock. These were not voluntary market sales intended as a liquidity or sentiment signal.