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Capital One logoCapital One COF

Capital One said its Compensation Committee and independent directors approved one-time Restricted Stock Unit awards to the named executive officers on June 3, 2025, in recognition of their ongoing and anticipated work on integrating the Discover business with Capital One.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Capital One said its Compensation Committee and independent directors approved one-time Restricted Stock Unit awards to the named executive officers on June 3, 2025, in recognition of their ongoing and anticipated work on integrating the Discover business with Capital One.

  2. The company said it granted 153,351 RSUs to Chairman and Chief Executive Officer Richard D. Fairbank, with a grant date value of approximately $30.0 million.

  3. Capital One also said it granted Andrew M. Young 15,336 RSUs ($3.0 million), Frank G. LaPrade, III 12,780 RSUs ($2.5 million), Matthew W. Cooper 28,115 RSUs ($5.5 million) and Sanjiv Yajnik 12,780 RSUs ($2.5 million). The awards will vest in full on June 3, 2028 and settle in 100% stock.

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. Some paragraphs were omitted because their support in the source could not be confirmed.

Background of One-Time RSU Awards

Capital One said its Compensation Committee and independent directors approved one-time Restricted Stock Unit awards to the named executive officers on June 3, 2025, in recognition of their ongoing and anticipated work on integrating the Discover business with Capital One.

Source · Based on the filing body and exhibits

Richard D. Fairbank Chairman and CEO RSU Grant

The company said it granted 153,351 RSUs to Chairman and Chief Executive Officer Richard D. Fairbank, with a grant date value of approximately $30.0 million.

Source · Based on the filing body and exhibits

RSU Grants to Other Named Executive Officers

Capital One also said it granted Andrew M. Young 15,336 RSUs ($3.0 million), Frank G. LaPrade, III 12,780 RSUs ($2.5 million), Matthew W. Cooper 28,115 RSUs ($5.5 million) and Sanjiv Yajnik 12,780 RSUs ($2.5 million). The awards will vest in full on June 3, 2028 and settle in 100% stock.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.