secwatch.observer — SEC 8-K summary
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Issuer:     Capital Bancorp Inc (CBNK)
CIK:        0001419536
Form:       8-K
Filed at:   2024-07-08T23:59:59+00:00
Accession:  0001419536-24-000007
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital Bancorp appoints Dominic Canuso as CFO, replacing Jay Walker
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- Dominic Canuso named CFO effective July 15, 2024; Jay Walker steps down as CFO but remains EVP/Deputy CFO until Aug 1.
- Canuso previously served as EVP and CFO at WSFS Financial and held roles at Barclays and Advanta Bank.
- Employment agreement: base salary $400k, annual incentive up to 45% of base, sign-on bonus $75k, stock options and RSUs.
- Canuso will report to CEO Ed Barry; role covers Capital Bancorp and its subsidiary Capital Bank, N.A.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419536/000141953624000007/0001419536-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419536/000141953624000007/cbnk-20240703.htm
  HTML page:      https://secwatch.observer/filing/0001419536-24-000007

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