Forbright to redeem $25 million in subordinated notes

Forbright, Inc. has notified holders of its 5.75% Fixed-to-Floating Rate Subordinated Notes due December 1, 2029, that it will redeem the entire outstanding balance on December 1, 2026. The company disclosed this action in a Form 8-K filed with the U.S. Securities and Exchange Commission on October 21, 2026.

The aggregate principal amount of the notes subject to redemption is $25,000,000. These instruments, identified by CUSIPs 20727PAE4 and 20727PAF1, are registered under the Securities Exchange Act of 1934 and trade on The Nasdaq Stock Market under the symbol FRBT. Forbright is a Delaware corporation headquartered in Chevy Chase, Maryland.

According to the filing, the redemption price will equal 100% of the principal amount redeemed, plus any accrued and unpaid interest up to, but excluding, the redemption date. The notice was sent to all holders of the notes on the date of the report.

Christopher S. Lynch, Chief Financial Officer of Forbright, Inc., signed the Form 8-K on October 22, 2026. The company is designated as an emerging growth company under Rule 12b-2 of the Exchange Act and has not elected to use the extended transition period for complying with new or revised financial accounting standards.