secwatch.observer — SEC 8-K summary
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Issuer:     Capital Bancorp Inc (CBNK)
CIK:        0001419536
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001419536-26-000012
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capital Bancorp signs new employment agreement with President/COO Poynot; base salary $455K
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- Three-year term Jan 1, 2026 through Dec 31, 2028, with automatic one-year renewals unless six months' non-renewal notice.
- Base salary $455,000 annually, subject to annual review for increase only by Compensation Committee.
- Annual incentive up to 100% of base (40% RSUs, 60% cash); annual stock award up to 30% of base (50% options, 50% RSUs).
- Severance on termination without cause or good reason within one year post-change in control: 24 months base salary + one year cash incentive + 24 months health premiums plus equity acceleration.
- Car allowance $500 per month; participates in deferred compensation plan and standard executive benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419536/000141953626000012/0001419536-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419536/000141953626000012/cbnk-20260206.htm
  HTML page:      https://secwatch.observer/filing/0001419536-26-000012

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