West Kara 4
4 · CAPITAL ONE FINANCIAL CORP · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Capital One (COF) Chief Enterprise Risk Officer Kara West Receives Award
What Happened
Kara West, Chief Enterprise Risk Officer at Capital One Financial Corp (COF), received an award of 4,477 performance shares on March 9, 2026 (award price reported as $0.00). On the same date, 2,020 shares were withheld/disposed by the company to satisfy tax withholding obligations at an effective price of $185.73 per share, totaling approximately $375,175. The award represents vested performance share payout rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-09; Form 4 filed 2026-03-11 (timely filing).
- Award: 4,477 shares granted (code A) at $0.00.
- Tax withholding: 2,020 shares withheld/disposed (code F) at $185.73 per share; proceeds ≈ $375,175.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnotes:
- F1: Shares earned from a performance-share award granted Jan 26, 2023 (amended Nov 2, 2023), paid out based on multi-year performance vs. peers, including dividend-equivalent shares.
- F2: Notes shares acquired via the company’s Associate Stock Purchase Plan since the last report.
- F3: The 2,020 shares were automatically withheld by the company to satisfy the reporting person’s tax obligation (authorized in the award agreement).
- Transaction codes: A = award/grant; F = tax withholding.
Context
This was primarily a performance-based equity payout (not a market purchase). The withholding of shares to cover taxes is a routine administrative step (similar to a “net settlement”); it doesn’t necessarily indicate a decision to sell additional shares on the open market.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-09+4,477→ 48,685 total - Tax Payment
Common Stock
[F3]2026-03-09$185.73/sh−2,020$375,175→ 46,665 total
Footnotes (3)
- [F1]These shares were earned pursuant to an award of performance shares granted on January 26, 2023 , as amended on November 2, 2023, based on the Company's Common Dividends + Growth of Tangible Book Value per Share and Adjusted ROTCE against a peer group of companies over a three-year performance period. These shares represent the number of shares paid out based on actual performance plus the dividend shares accrued under the same grant.
- [F2]Includes shares acquired by the reporting person through the Company's Associate Stock Purchase Plan since the last reported transaction.
- [F3]These shares were automatically withheld by the Company to satisfy the reporting person's tax obligation associated with the settlement of the performance shares. This share withholding was authorized in the performance share award agreement.