Blinde Neal 4

What Happened
Neal Blinde, President of Commercial Banking at Capital One (COF), received an award of 8,342 performance shares that settled on 2026-03-09. To satisfy the tax liability from that settlement, 3,624 shares were automatically withheld by the company at an implied price of $185.73 per share, equal to $673,086. The award payout includes dividend-equivalent shares and reflects actual performance over the vesting period.

Key Details

• Transaction date: 2026-03-09 (award settlement and share withholding).
• Award: 8,342 shares granted/paid out (transaction code A; acquisition recorded at $0.00).
• Tax withholding: 3,624 shares withheld (transaction code F) at $185.73 per share, total value $673,086.
• Shares owned after transaction: not specified in the filing.
• Footnotes: (1) Shares stem from a performance-share award granted 01/26/2023 (amended 11/02/2023) tied to dividends + tangible book value growth and adjusted ROTCE vs peers over a 3-year period; (2) Withholding was automatic and authorized by the award agreement to satisfy tax obligations.
• Filing timeliness: Report filed 2026-03-11 for a 2026-03-09 settlement — appears to be a timely Form 4 filing.

Context
This was a settlement of performance-based restricted shares, not an open-market sale. The 3,624-share "disposition" reflects company withholding to cover taxes (routine) rather than a voluntary sell order by the insider. Such awards are common in executive compensation and do not by themselves indicate buying or selling sentiment in the market.