Business Context and Reporting Period
This Form 8-K Current Report is filed by Chain Bridge Bancorp, Inc. (CBNA) for the reporting period ending December 31, 2025. The registrant is an emerging growth company incorporated in Delaware, with its principal executive offices in McLean, VA. The filing primarily addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on personnel appointments and does not contain financial statements or performance metrics.
Material Changes
The material change reported is the appointment of a new director to fill a vacancy created by a retirement:
- Departure: Paul W. Leavitt retired as a director effective December 31, 2025.
- Appointment: William C. Leavitt was appointed as a director effective January 1, 2026.
- Term: Mr. Leavitt will serve until the 2026 Annual Meeting of Stockholders or until his successor is elected.
Guidance, Outlook, and Management Commentary
The filing contains no financial guidance, outlook, or management commentary regarding future performance. Regarding the new appointment:
- Background: William C. Leavitt, age 41, currently serves as General Counsel and Chief Human Resources Officer of J.J. Taylor Companies, Inc. He previously held legal roles at Renuity, LLC, Skadden, Arps, Slate, Meagher & Flom LLP, and Bank of America.
- Education: He holds a J.D. from Columbia Law School, an LL.M. from King's College London, and an M.B.A. from the Wharton School.
- Related Party Transaction: Mr. Leavitt is the son of the retiring director, Paul W. Leavitt. He will participate in the standard non-employee director compensation program, prorated for the period from his election to the 2026 Annual Meeting.
- Committee Assignments: These will be determined at a subsequent meeting.
Key Facts for Investor Verification
- Verify the effective date of William C. Leavitt's directorship (January 1, 2026) and the retirement of Paul W. Leavitt.
- Review the Company's most recent proxy statement (filed April 29, 2025) for details on the standard non-employee director compensation program applicable to the new appointee.
- Confirm that no other arrangements or understandings exist regarding the selection of the new director.
- Note that this filing does not contain updated financial data; investors should refer to the most recent 10-K or 10-Q for financial metrics.