SEC Form 3 · accession 0001193125-26-266290
Forbright, Inc. · FRBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John K Delaney
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Jun 10, 2026
Accepted (ET)
Jun 10, 2026 · 8:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001925062
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | holding | — | — | — | 1,697,289 | D | ||
| Class A Common StockF2 | holding | — | — | — | 125,000 | I | By AMD 09 LLC | |
| Class A Common StockF3 | holding | — | — | — | 125,000 | I | By JKD 09 LLC | |
| Class A Common StockF4 | holding | — | — | — | 49,946 | I | By SBLG Family Investment LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F5 | $12.63 | holding | — | — | — | — | Apr 15, 2031 | Class A Common Stock | 2,165,000 | — | D |
| Stock Option (right to buy)F6 | $17.04 | holding | — | — | — | — | Apr 15, 2031 | Class A Common Stock | 1,640,000 | — | D |
Explanation of responses
- F1Includes (i) 38,195 restricted stock awards ("RSAs") granted on March 13, 2025 that vest in five substantially equal annual installments on the first five anniversaries of the grant date; (ii) 18,000 RSAs granted on February 12, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date; and (iii) 121,875 RSAs granted on April 29, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date.
- F2These shares are held by AMD 09 LLC ("AMD"). April Delaney, the spouse of the Reporting Person has the power to vote and dispose of the shares held by AMD. The Reporting Person disclaims beneficial ownership of the shares held by AMD, except to the extent of his pecuniary interest therein.
- F3These shares are held by JKD 09 LLC ("JKD"). The Reporting Person has the sole power to vote and dispose of the shares held by JKD. The Reporting Person disclaims beneficial ownership of the shares held by JKD, except to the extent of his pecuniary interest therein.
- F4These shares are held by SBLG Family Investment LLC ("SBLG"). The Reporting Person has sole power to vote and dispose of the shares held by SBLG. The Reporting Person disclaims beneficial ownership of the shares held by SBLG, except to the extent of his pecuniary interest therein.
- F5These options were granted on April 15, 2021 and vest in five equal annual installments on the first five anniversaries of the grant date, of which 840,000 options are also subject to performance-based vesting conditions based on pre-established stock price hurdles.
- F6These options were granted on April 15, 2021 and vest in five equal annual installments on the first five anniversaries of the grant date.
Remarks
Exhibit 24.1 - Power of Attorney