Chain Bridge Bancorp (CBNA) President David Evinger Gifts 680 Shares

What Happened

• David M. Evinger, President, Chief Risk Officer and Director of Chain Bridge Bancorp (CBNA), reported two gift transactions on 2026-08-26. Each entry shows 340 shares of Class B Common Stock transferred as a gift (total 680 shares) at $0.00 per share (reported as disposed). The filing treats these as derivative securities (Class B), which are convertible into Class A shares (see footnote).

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-28 (timely filing).
• Amounts: two gifts of 340 shares each, total 680 shares; reported price $0.00 (gift).
• Security type: Class B Common Stock (derivative). Footnote F1: each Class B share is convertible at any time into one Class A share and has no expiration.
• Shares owned after transaction: the reporting person states he no longer holds any beneficial interest in the transferred securities (the zero beneficial ownership refers to the co-owned indirect holdings transferred and does not affect any other shares he directly owns).
• Remarks: transfers were bona fide gifts to the reporting person’s adult children.

Context

• Gifts are non‑market transactions and generally do not indicate the insider’s trading view of the company’s stock price. The transfers were of indirectly held, co‑owned Class B shares and are reported as disposed by gift; no cash changed hands in these filings.