AI English summary of an SEC filing — figures as filed

Capital One said it completed its acquisition of Discover Financial Services on May 18, 2025 and increased the size of its board to 15 directors as of the Effective Time.

8-K/ADeparture or Appointment of Directors or Certain Officers (amended)Amended filingFiled Jun 5, 2025Period of report May 18, 2025Summary published (UTC) Oct 14, 2026

Key points

AI summary

Capital One said it completed its acquisition of Discover Financial Services on May 18, 2025 and increased the size of its board to 15 directors as of the Effective Time.
The company said that, as of the Effective Time, it appointed Thomas G. Maheras, Michael Shepherd and Jennifer L. Wong to join its board of directors.
Capital One said that on June 3, 2025, its board appointed Mr. Shepherd to the Risk Committee and Audit Committee and Mr. Maheras and Ms. Wong to the Risk Committee, each effective immediately.
The company said that when the Original 8-K was filed, the board had not yet made a determination on committee assignments for the new directors, and that it is filing Amendment No. 2 to report those assignments.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Completion of Discover Financial Services Acquisition and Board Expansion

Capital One said it completed its acquisition of Discover Financial Services on May 18, 2025 and increased the size of its board to 15 directors as of the Effective Time.

Source · Based on the filing body and exhibits

Appointment of 3 New Directors

The company said that, as of the Effective Time, it appointed Thomas G. Maheras, Michael Shepherd and Jennifer L. Wong to join its board of directors.

Source · Based on the filing body and exhibits

Committee Assignments for New Directors

Capital One said that on June 3, 2025, its board appointed Mr. Shepherd to the Risk Committee and Audit Committee and Mr. Maheras and Ms. Wong to the Risk Committee, each effective immediately.

Source · Based on the filing body and exhibits

Background for Amendment No. 2 to the Current Report

The company said that when the Original 8-K was filed, the board had not yet made a determination on committee assignments for the new directors, and that it is filing Amendment No. 2 to report those assignments.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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