Martin Friedman - 21 Feb 2025 Form 4 Insider Report for CHAIN BRIDGE BANCORP INC (CBNA)

Role
10%+ Owner
Signature
Martin S. Friedman
Issuer symbol
CBNA
Transactions as of
21 Feb 2025
Net transactions value
+$628,238
Form type
4
Filing time
03 Mar 2025, 19:29:43 UTC
Previous filing
03 Mar 2025
Next filing
14 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBNA Class A Common Stock Purchase $26,640 +1,088 +0.35% $24.49 312,528 21 Feb 2025 See notes F1, F2
transaction CBNA Class A Common Stock Purchase $396,175 +16,194 +5.2% $24.46 328,722 24 Feb 2025 See notes F1, F2
transaction CBNA Class A Common Stock Purchase $205,423 +8,514 +2.6% $24.13 338,236 25 Feb 2025 See notes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Martin S. Friedman (the "Reporting Person") is the managing member of FJ Capital Management LLC ("FJ Capital"), which is the managing member of and investment adviser to Financial Opportunity Fund LLC ("FOF) which beneficially owns 338,236 shares (the "Shares") of the Class A common stock of Chain Bridge Bancorp Inc. (the "Issuer"). On February 20, 2025, FJ Capital's beneficial ownership of the shares of the Issuer exceeded the 10% beneficial ownership threshold for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16").
F2 The Reporting Person, in his capacity as Managing Member of FJ Capital, has voting and dispositive power of the Shares held by FOF. As such, the Reporting Person may be deemed to be a beneficial owner of the Shares reported herein. The Reporting Person disclaims beneficial ownership of the Shares reported herein and this report shall not be deemed an admission of beneficial ownership of such Shares by the Reporting Person for purposes of Section 16 or for any other purpose.

Remarks:

This is a late filing as referenced in the correspondence attached hereto.