secwatch.observer — SEC 8-K summary
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Issuer:     Capital Bancorp Inc (CBNK)
CIK:        0001419536
Form:       8-K
Filed at:   2021-12-27T23:59:59+00:00
Accession:  0001419536-21-000220
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital Bancorp board: Stephen Ashman retires Dec 31; Jerome Bailey appointed director
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- Stephen N. Ashman to retire from Capital Bancorp and Capital Bank boards effective Dec 31, 2021.
- Board awarded Ashman a one-time $200,000 bonus; he forfeited all unexercised stock options.
- Jerome R. Bailey appointed as Class III director effective Dec 31, 2021, filling the vacancy.
- Bailey, age 45, is managing member of Bailey Real Estate Holdings and was Vice Chairman of the Bank board.
- Bailey is considered independent and an underrepresented minority under NASDAQ rules.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419536/000141953621000220/0001419536-21-000220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419536/000141953621000220/cbnk-20211220.htm
  HTML page:      https://secwatch.observer/filing/0001419536-21-000220

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