Lindarev Anguel 4

What Happened

Lindarev Anguel, EVP & Chief Information Officer of Capital Bancorp (CBNK), had 584 restricted stock units (RSUs) convert into 584 shares on March 18, 2026. To satisfy tax withholding, 173 of those shares were surrendered at $29.03 each for a total withholding value of $5,022, leaving a net ~411 shares issued to Anguel. The RSU conversion shows an acquisition at $0 per share (typical for RSU vesting) and the withholding is reported as a disposition.

Key Details

• Transaction date: 2026-03-18.
• RSUs converted: 584 shares acquired at $0.00 (transaction code M).
• Tax withholding: 173 shares disposed at $29.03 each, total $5,022 (transaction code F).
• Net shares received (584 − 173): ~411 shares retained by the insider.
• Footnotes: F1 confirms each RSU equals one common share; filing also includes multiple vesting-schedule footnotes (F2–F5) — see the Form 4 for which grant applies.
• Timeliness: Reported and filed on 2026-03-18 (no late filing indicated).

Context

This was a routine equity award settlement (RSU conversion) with shares withheld to cover tax liability — not an open-market purchase or sale driven by market timing. For derivative/option language in the filing: the M code indicates conversion/exercise of a derivative (here RSUs converting to shares) and the F code denotes shares surrendered for tax withholding. Retail investors should view this as the insider receiving vested compensation rather than a directional buy or sell signal.