Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 22, 2021, the Board of Directors (the "Board") of Capital Bancorp,
Inc. (the "Company"), the holding company for Capital Bank, N.A. (the "Bank"),
elected Joseph (Jody) A. Greene as a member of the Company's Board, effective as
of February 1, 2021. Mr. Greene has been a member of the Bank's Board since
2009.
Mr. Greene is considered an independent director under the applicable rules of
the Securities and Exchange Commission and The Nasdaq Stock Market. Mr. Greene
will serve as a Class 1 director on the Company's Board, and will be subject to
re-election at the Company's annual meeting of stockholders to be held in 2021.
There are no arrangements or understandings between Mr. Greene and any other
person pursuant to which he was selected as director.
Additional details may be found in the January 25, 2021 press release, which
incorrectly stated the effective date of the appointment as January 1, 2021,
attached as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release, dated January 25, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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