Item 1. | |
(a) | Name of issuer:
CAPITAL BANCORP, INC. |
(b) | Address of issuer's principal executive
offices:
2275 Research Boulevard, Suite 600, Rockville, MD, 20850 |
Item 2. | |
(a) | Name of person filing:
Steven J. Schwartz |
(b) | Address or principal business office or, if
none, residence:
2275 Research Boulevard, Suite 600, Rockville, MD 20850 |
(c) | Citizenship:
Mr. Schwartz is an individual residing in the State of Florida. |
(d) | Title of class of securities:
Common Stock, par value $.01 per share |
(e) | CUSIP No.:
139737100 |
Item 3. | If this statement is filed pursuant to §§
240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
(e) | An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
(f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
(g) | A
parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
(h) | A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
1813); |
(i) | A
church plan that is excluded from the definition of an investment company under section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please
specify the type of institution: |
(k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). |
| |
Item 4. | Ownership |
(a) | Amount beneficially owned:
The aggregate number of shares of common stock, par value $0.01 per share ("Common Stock") owned by the reporting person is 737,096. 63,875 shares of Common Stock directly held by the reporting person over which the reporting person has sole voting and dispositive power, 663,313 shares of Common Stock held by Prudential Investments, LLC over which the reporting person has sole voting and dispositive power and 9,908 shares of Common Stock underlying options that are currently exercisable within 60 days of December 31, 2024 that the reporting person is deemed to have sole voting and dispositive power. This amount excludes 5,727 shares of Common Stock underlying options that are subject to vesting. |
(b) | Percent of class:
The aggregate percentage of the shares of Common Stock outstanding beneficially owned by the reporting person is 4.4% which is based on 16,662,626 shares of Common Stock outstanding as of December 31, 2024. This percentage excludes 5,727 shares of Common Stock underlying options that are subject to vesting. % |
(c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
737,096
|
| (ii) Shared power to vote or to direct the
vote:
0
|
| (iii) Sole power to dispose or to direct the
disposition of:
737,096
|
| (iv) Shared power to dispose or to direct the
disposition of:
0
|
Item 5. | Ownership of 5 Percent or Less of a Class. |
|
Ownership of 5 percent or less of a class |
Item 6. | Ownership of more than 5 Percent on Behalf of
Another Person. |
|
Not Applicable
|
Item 7. | Identification and Classification of the
Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or
Control Person. |
|
Not Applicable
|
Item 8. | Identification and Classification of Members
of the Group. |
|
Not Applicable
|
Item 9. | Notice of Dissolution of Group. |
|
Not Applicable
|