May 18, 2025 · Form 4 insider transaction
SHEPHERD MICHAEL bought 25,534 shares of Capital One Financial Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Acquired in connection with Capital One Financial Corporation's ("Capital One") acquisition of Discover Financial Services ("Discover") on May 18, 2025. Pursuant to the merger agreement, each issued and outstanding share of Discover common stock held by the reporting person was converted into the right to receive 1.0192 shares of Capital One common stock. All fractional share holdings were paid in cash. On May 16, 2025, the closing price of Capital One common stock was $197.22, and the closing price of Discover common stock was $200.05.