Capital One Financial Corp Chairman and CEO Richard D. Fairbank filed a Form 4 on October 28, 2026, reporting the exercise of stock options and the sale of 90,743 shares of common stock on October 27, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Option exercise: Fairbank exercised stock options for 40,743 shares of common stock at an exercise price of $86.34 per share on October 27, 2026.
  • Shares sold: A total of 90,743 shares were sold across three tranches at weighted average prices of $202.32, $203.29, and $204.19 per share.
  • 10b5-1 plan: All transactions were executed pursuant to a trading plan entered into on May 13, 2025, in accordance with Rule 10b5-1.
  • Remaining ownership: Following the reported transactions, Fairbank directly beneficially owns 4,018,520 shares of common stock.
  • Options outstanding: Fairbank retains 40,743 stock options with an exercise price of $86.34 and an expiration date of February 2, 2027.
  • Dividend reinvestment: The post-transaction share count includes shares acquired through the company's Dividend Reinvestment Plan since the last reported transaction.

Fairbank's October 27 Option Exercise and Share Sales at Capital One

According to the filing, Richard D. Fairbank, Chairman and CEO of Capital One Financial Corp (NYSE:COF), exercised stock options covering 40,743 shares of common stock at $86.34 per share on October 27, 2026. The options carried an expiration date of February 2, 2027, and the exercise was coded as an "M" transaction, indicating an option exercise. The filing notes the post-exercise direct beneficial ownership stood at 4,109,263 shares before subsequent sales were recorded, a figure that also includes shares acquired through the company's Dividend Reinvestment Plan since the last reported transaction.

On the same date, the filing reports three separate sale transactions totaling 90,743 shares. The first tranche of 46,845 shares was sold at a weighted average price of $202.32, with individual transaction prices ranging from $201.78 to $202.77. The second tranche of 37,025 shares was sold at a weighted average of $203.29, with prices ranging from $202.79 to $203.78. The third tranche of 6,873 shares was sold at a weighted average of $204.19, with prices ranging from $203.81 to $204.49. All three sale tranches were coded "S" and attributed to the same Rule 10b5-1 plan.

The filing states all transactions were made pursuant to a trading plan Fairbank entered into on May 13, 2025, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The form was signed by Katherine DeLuca under a power of attorney on October 28, 2026. After all reported transactions, Fairbank's direct beneficial ownership of Capital One common stock stood at 4,018,520 shares.

What Was Disclosed

The Form 4 discloses that Capital One Chairman and CEO Richard D. Fairbank exercised 40,743 stock options and sold 90,743 shares of common stock on October 27, 2026, all under a pre-established Rule 10b5-1 trading plan, leaving him with direct beneficial ownership of 4,018,520 shares.