Capital Bancorp Files 8-K on Security Holder Vote

TL;DR

CBNK filed an 8-K about a shareholder vote - details TBD.

AI Summary

On May 16, 2024, Capital Bancorp, Inc. filed an 8-K report detailing a submission of matters to a vote of security holders. The filing does not contain specific details about the nature of the vote or any associated financial figures.

Why It Matters

This filing indicates that Capital Bancorp, Inc. is engaging in a process requiring shareholder approval, which could impact corporate governance or strategic decisions.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any immediate financial risks or significant operational changes.

Key Players & Entities

• Capital Bancorp, Inc. (company) — Registrant
• May 16, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.01 — ich Registered Common Stock, par value $0.01 per share CBNK NASDAQ Stock Market It

Filing Documents

• cbnk-20240516.htm (8-K) — 43KB
• 0001628280-24-023963.txt ( ) — 172KB
• cbnk-20240516.xsd (EX-101.SCH) — 2KB
• cbnk-20240516_lab.xml (EX-101.LAB) — 23KB
• cbnk-20240516_pre.xml (EX-101.PRE) — 13KB
• cbnk-20240516_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders At the Annual Meeting of Stockholders of Capital Bancorp, Inc. (the "Company") held on May 16, 2024 (the "Annual Meeting"), the Company's stockholders voted on: (i) the election of four Class I director nominees (Proposal 1); (ii) a non-binding advisory vote to approve the compensation of the Company's Named Executive Officers (Proposal 2); (iii) a non-binding advisory vote on the frequency of future stockholder advisory votes to approve the compensation of the Company's Named Executive Officers (Proposal 3); and (iv) the ratification of the appointment of Elliott Davis, PLLC as the Company's independent registered public accounting firm for fiscal year ending December 31, 2024 (Proposal 4). These matters were submitted to a vote through the solicitation of proxies. Each of the proposals is described in further detail in the Company's Definitive Proxy Statement. Other than the four proposals addressed herein and described in the Company's Definitive Proxy Statement, no other proposal was submitted at the Annual Meeting for stockholder action. On the record date for the Annual Meeting, there were 13,889,563 shares of the Company's common stock issued, outstanding, and entitled to vote. Stockholders holding 11,932,072 shares of the Company's common stock were present at the Annual Meeting, in person or represented by proxy. At the Annual Meeting, the common stockholders elected Messrs. Bernstein, Browning and Lewis and Ms. Scully as Class I directors to serve a term expiring in 2027. The final results of voting on each of the matters submitted to a vote of common stockholders during the Annual Meeting are as follows: Proposal 1 – To elect four Class I directors to serve for a three-year term ending at the 2027 Annual Meeting of Stockholders or until their successor is duly elected and qualified: CLASS I DIRECTORS FOR AGAINST ABSTAIN BROKER NON-VOTES Joshua Bernstein 8,292,413 1,646,106 37,409 1,95

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CAPITAL BANCORP, INC. Date: May 17, 2024 By: /s/ Jay Walker Name: Jay Walker Title: Chief Financial Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR