March 11, 2024 · Form 4 insider transaction
FAIRBANK RICHARD D sold 50,076 shares of Capital One Financial Corporation at $138.46 per share, a transaction worth $6.93M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
These shares were automatically withheld by the Company to satisfy the reporting person's tax obligation associated with the settlement of the performance shares. This share withholding was authorized in the performance share award agreement.