Capital One CEO Richard Fairbank Sells $18.4 Million of Stock Under Trading Plan
Capital One Chairman and CEO Richard Fairbank exercised options on 40,743 shares and sold 90,743 shares of the bank's stock for about $18.4 million under a pre-arranged trading plan, according to a Form 4 filed with the Securities and Exchange Commission on Thursday.
The transactions took place on Tuesday, Oct. 27, the filing showed. Fairbank still directly owned 4,018,520 Capital One shares afterward.
Exercise, then sales
Fairbank exercised stock options covering 40,743 shares at an exercise price of $86.34, reported under transaction code M, which denotes the exercise of a derivative security. The options were set to expire Feb. 2, 2027.
He then sold shares in three blocks, reported under code S for open-market or private sales:
- 46,845 shares at a weighted average price of $202.32, in trades ranging from $201.78 to $202.77
- 37,025 shares at a weighted average of $203.29, in trades ranging from $202.79 to $203.78
- 6,873 shares at a weighted average of $204.19, in trades ranging from $203.81 to $204.49
Together, the sales totaled about $18.41 million. The 90,743 shares sold exceeded the 40,743 shares acquired through the exercise by 50,000 shares.
Trading plan
Every transaction on the form was executed under a Rule 10b5-1 trading plan that Fairbank entered into on May 13, 2025, according to a footnote in the filing.
The filing also said his reported holdings include shares acquired through Capital One's dividend reinvestment plan since his last reported transaction.
By the numbers
- 40,743: options exercised at $86.34 a share
- 90,743: shares sold
- $201.78 to $204.49: full range of sale prices
- About $18.4 million: total sale proceeds
- 4,018,520: shares held directly after the trades
The Form 4 lists Fairbank as both a director and an officer. It was accepted by the SEC shortly after 4 p.m. ET Thursday.
Sources
- Capital One Form 4 filed by Chairman and CEO Richard Fairbank, filed Oct. 29, 2026 (accession 0001238032-26-000010)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
Continue your research with IDD Pro
Get full access to IDD's market intelligence.