Capital Bancorp Inc Chief Operating Officer Steven M. Poynot filed a Form 4 on November 2, 2026, disclosing stock option exercises and a tax-related share disposition that occurred on October 29, 2026.

Key Highlights

  • Three option tranches exercised: Poynot exercised 2,000 options at $24.25, 1,725 options at $23.54, and 2,580 options at $24.20, all on October 29, 2026.
  • Shares withheld for taxes: 3,653 shares were disposed of on October 29, 2026, at $41.49 per share under transaction code F (tax withholding).
  • Direct holdings after transactions: Poynot directly holds 4,231 shares of common stock following the reported transactions.
  • Indirect holdings: Poynot also holds 5,253 shares indirectly through an IRA.
  • Remaining options: Unexercised stock options total 575 shares (expiring 01/01/2028), 2,580 shares (expiring 01/01/2029), 4,192 shares (expiring 03/03/2030), and 4,090 shares (expiring 03/02/2031).
  • Restricted Stock Units: Poynot holds 848 RSUs vesting beginning 3/3/2026 and 1,058 RSUs vesting beginning 3/2/2027, each representing the right to receive one share of common stock.

Steven M. Poynot's October 2026 Option Exercises and Share Disposition at Capital Bancorp

According to the Form 4 filed with the SEC on November 2, 2026, Steven M. Poynot, Chief Operating Officer of Capital Bancorp Inc (NASDAQ:CBNK), reported three option exercise transactions on October 29, 2026. The exercises carried transaction code M, indicating the conversion of derivative securities into common stock. Poynot exercised 2,000 stock options at an exercise price of $24.25, 1,725 stock options at $23.54, and 2,580 stock options at $24.20, all on the same date.

Also on October 29, 2026, the filing discloses a disposition of 3,653 shares of common stock at $41.49 per share under transaction code F, which the form associates with the withholding of shares to cover tax obligations. Following all reported transactions, Poynot directly holds 4,231 shares of Capital Bancorp common stock. An additional 5,253 shares are held indirectly through an IRA, as reported in Table I of the filing.

In Table II, the filing shows that the three exercised option series have been fully or partially exhausted. The 2,000-share tranche expiring 10/11/2027 now has zero remaining options. The 1,725-share tranche expiring 01/01/2028 retains 575 options, and the 2,580-share tranche expiring 01/01/2029 retains 2,580 options. The filing also lists unexercised option grants of 4,192 shares at $30.51 and 4,090 shares at $29.41, expiring 03/03/2030 and 03/02/2031, respectively. According to the filing's footnotes, stock options vest in four equal annual installments beginning on the first anniversary of the grant date.

What Was Disclosed

Steven M. Poynot, COO of Capital Bancorp Inc, disclosed the exercise of 6,305 stock options and the tax-related disposition of 3,653 shares on October 29, 2026, resulting in direct beneficial ownership of 4,231 shares and indirect ownership of 5,253 shares via an IRA.