Item 8.01 Other Events.
On August 12, 2020, Richard D. Fairbank, Chairman and Chief Executive Officer of
Capital One Financial Corporation (the "Company"), adopted a pre-arranged stock
trading plan (the "Plan") providing for the exercise of certain employee stock
options and for the sale of a sufficient number of shares of common stock of the
Company issued upon exercise of the options to cover payment of the exercise
costs and estimated tax withholding amounts. The Plan covers options to purchase
608,366 shares granted as compensation to Mr. Fairbank in January 2011 with a
strike price of $48.28 and options to purchase 100 shares granted as
compensation to Mr. Fairbank in January 2012 with a strike price of $45.75 (the
"Plan Options"). The Plan Options will expire in January 2021 and January 2022,
respectively.
The transactions under the Plan are expected to occur no earlier than October
2020. The Plan expires in April 2021. The Plan was established under Rule 10b5-1
of the Securities Exchange Act of 1934 and the Company's policies regarding
stock transactions. The transactions will be disclosed publicly in Form 144 and
Form 4 filings with the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
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