secwatch.observer — SEC 8-K summary
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Issuer:     Capital Bancorp Inc (CBNK)
CIK:        0001419536
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001419536-25-000020
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital Bancorp board authorizes new $15M stock repurchase program
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- Board approved repurchase of up to $15M or 483,559 shares (~4.1% of outstanding shares).
- Program replaces prior $15M authorization that expired Dec 31, 2024; 543,215 shares repurchased under old plan.
- New program expires Feb 28, 2026; management has discretion on timing and may use Rule 10b5-1 plans.
- Repurchases may be suspended or terminated at any time without notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419536/000141953625000020/0001419536-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419536/000141953625000020/cbnk-20250221.htm
  HTML page:      https://secwatch.observer/filing/0001419536-25-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer