LaPrade,III Frank G. 4

What Happened
Frank G. LaPrade, III, Capital One's Chief Enterprise Services Officer, was issued 12,154 performance shares on March 9, 2026 (grant/award). Of those, 5,482 shares were automatically withheld by the company to satisfy the tax withholding obligation; the withheld shares are reported as disposed at an effective value of $185.73 per share, totaling $1,018,172. The award stems from a performance share grant.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (timely filing).
• Award: 12,154 shares granted (code A) at $0.00 acquisition price (performance share settlement).
• Tax withholding/disposition: 5,482 shares withheld/treated as disposed (code F) at $185.73/share = $1,018,172.
• Footnotes: F1 — shares earned from a Jan 26, 2023 performance-share grant (amended Nov 2, 2023) tied to dividends + tangible book value growth and adjusted ROTCE vs. peers over a three-year period; payout includes accrued dividend shares. F2 — withheld shares authorized by the award agreement to cover tax obligations. F3 — filing notes equivalent share ownership in the company 401(k) plan but does not list a total post-transaction ownership figure.
• Shares owned after transaction: not specified in the filing beyond the 401(k) equivalency note.
• Filing timeliness: filed within required window (no late filing indicated).

Context
This was a performance-based equity settlement, not an open-market purchase or voluntary sale. Withholding shares to cover taxes is a routine administrative disposition and does not necessarily indicate managerial sentiment about the stock. The underlying performance award was based on multi-year metrics (dividends, tangible book value growth and adjusted ROTCE) measured relative to peers.