Transaction #34154 · Form 4 · 0001193125-26-427847
Forbright, Inc. · Stock award · Class A Common Stock
Forbright, Inc. · Transacted October 19, 2026 · Filed October 21, 2026
What does this filing report?
An SEC Form 4 filing for Forbright, Inc. records a stock award involving Class A Common Stock on October 19, 2026. The reported quantity was 148,256. The filing date is October 21, 2026. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- Forbright, Inc.
- Company CIK
- 0001925062
- Security type
- Non-derivative
- Acquisition type
- Stock award · Code A
- Quantity acquired
- 148,256
- Reported price
- Not reported · See footnotes
- Reference value
- Not reported
- Currency
- Currency not specified
- Ownership
- Indirect
- Holdings after transaction
- 3,326,507
- Ownership description
- By GPC Partners Investments (Elevate) LP
- SEC acceptance time
- Oct 21, 2026, 4:15 PM EDT
- 10b5-1 indication
- Not indicated
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- Sachs Lewis A ↗
Director
CIK 0001923163
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Filing footnotes & remarks
- F1
- Reflects the conversion by GPC Partners Investments (Elevate) LP ("GPC Elevate") of 148,256 shares of Class B common stock into an equal number of shares of Class A common stock upon its exercise of anti-dilution conversion rights under the Issuer's Amended and Restated Certificate of Incorporation. Such conversion rights were triggered by certain dilutive issuances of Class A common stock by the Company during the third quarter of 2026. The Issuer's Amended and Restated Certificate of Incorporation prohibits GPC Elevate from converting such shares to the extent that such conversion would result in GPC Elevate beneficially owning more than 9.9% of the outstanding Class A common stock.
- F2
- These shares are held by GPC Elevate. Gallatin Point Capital LLC is the manager of funds and accounts invested in GPC Elevate. GPC Partners GP LLC ("GPC GP") is the general partner of GPC Elevate. Gallatin Point Holdings LP is the managing member of GPC GP. The Reporting Person and Matthew Botein are the Co-Founders and Managing Partners of the ultimate parent of Gallatin Point Holdings LP and may be deemed to have voting and investment power over the securities held by GPC Elevate. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, if any, and the inclusion of these securities in this report shall not be deemed an admission that he is a beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.