Randall James Levitt has filed an amendment to his Schedule 13G, revealing his beneficial ownership of 971,566 shares of Capital Bancorp, Inc. This significant stake highlights Levitt's influence and commitment to the company, especially as it navigates a merger with Peoples Bancorp Inc.

Levitt's filing is particularly important as it comes in the context of an agreement and plan of merger between Capital Bancorp, Inc. and Peoples Bancorp Inc. The filing indicates that Levitt has entered into a Voting and Support Agreement with Peoples Bancorp, agreeing to vote in favor of the merger and against any competing proposals.

Background

Levitt Randall James is a reporting person associated with Capital Bancorp, Inc., a company classified under the SIC code for National Commercial Banks. The company is based in Rockville, Maryland, and operates within the financial services sector. Recent filings show that Levitt has been actively managing his shareholdings, with the latest filing dated November 13, 2026.

What the Filing Says

The latest Schedule 13G/A filing indicates that Levitt beneficially owns 971,566 shares of Capital Bancorp, which represents 6.0% of the total outstanding shares. The filing states, "Pursuant to the Support Agreement, the Reporting Person agreed... to vote all shares of CBNK common stock beneficially owned by the Reporting Person in favor of the approval of the Merger Agreement." This shows Levitt's strategic alignment with the merger.

Impact

This filing may affect shareholders of Capital Bancorp, as Levitt's agreement to support the merger could influence other shareholders' decisions. The merger itself is significant for the banking industry, as it reflects ongoing consolidation trends that may reshape competitive dynamics among national commercial banks.

What's Next

The filing does not specify what happens next, but it indicates that Levitt's support for the merger will be critical as the companies move forward in the approval process.