Lewis A. Sachs - 14 Aug 2026 Form 4 Insider Report for Forbright, Inc. (FRBT)

Reporting relationship: Director
Issuer ticker: FRBT
Reported as of: 14 Aug 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Aug 2026, 16:35:04 UTC
Prior SEC filing: 10 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Lewis A. Sachs

Key filing fact

Lewis A. Sachs filed Form 4 for Forbright, Inc. (FRBT) on 14 Aug 2026.

Key facts

This page summarizes Lewis A. Sachs's Form 4 filing for Forbright, Inc. (FRBT).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Aug 2026, 16:35.

Change

Previous filing in this sequence was filed on 10 Jun 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001923163 Primary reporting owner

Sachs Lewis A

Relationship: Director
Address: 4445 WILLARD AVENUE, SUITE 1000, CHEVY CHASE
Signature: /s/ Lewis A. Sachs
Signature date: 14 Aug 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FRBT transaction

Class B Common Stock

Disposed to Issuer

Transaction value
Shares: -1,095,351
Change %: -12%
Price
Shares after: 7,744,751
Date: 14 Aug 2026
Ownership: By GPC Partners Investments (Elevate) LP
Footnotes: F1, F2

FRBT transaction

Class A Common Stock

Award

Transaction value
Shares: +1,095,351
Change %: +53%
Price
Shares after: 3,178,251
Date: 14 Aug 2026
Ownership: By GPC Partners Investments (Elevate) LP
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Reflects the conversion by GPC Partners Investments (Elevate) LP ("GPC Elevate") of 1,095,351 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 the issuance of Class A common stock in the Issuer's initial public offering and certain other dilutive issuances of stock by the Company during the second 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.

Footnote 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.