Form: 3

Initial statement of beneficial ownership of securities

March 3, 2025

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Friedman Martin S.
(Last) (First) (Middle)
C/O FJ CAPITAL MANAGEMENT LLC
7901 JONES BRANCH DRIVE, SUITE 210
(Street)
MCLEAN VA 22101
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/20/2025 		3. Issuer Name and Ticker or Trading Symbol
CHAIN BRIDGE BANCORP INC [ CBNA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock(1)(2) 311,440 I See footnote(1)(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Martin S. Friedman (the "Reporting Person") is the managing member of FJ Capital Management LLC ("FJ Capital"), which is the managing member of and investment adviser to Financial Opportunity Fund LLC ("FOF") which beneficially owns 311,440 shares (the "Shares") of the Class A common stock of Chain Bridge Bancorp Inc. (the "Issuer"), respectively. On February 20, 2025, FJ Capital's beneficial ownership of the shares of the Issuer exceeding the 10% beneficial ownership threshold for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16").
2. The Reporting Person, in his capacity as Managing Member of FJ Capital, has voting and dispositive power of the Shares held by FOF. As such, the Reporting Person may be deemed to be a beneficial owner of the Shares reported herein. The Reporting Person disclaims beneficial ownership of the Shares reported herein and this report shall not be deemed an admission of beneficial ownership of such Shares by the Reporting Person for purposes of Section 16 or for any other purpose.
Remarks:
This is a late filing as referenced in the correspondence attached hereto.
/s/ Martin S Friedman 03/03/2025
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.