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 *
DELANEY JOHN K

(Last) (First) (Middle)
4445 WILLARD AVENUE
SUITE 1000

(Street)
CHEVY CHASE MD 20815

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/10/2026
3. Issuer Name and Ticker or Trading Symbol
Forbright, Inc. [ FRBT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
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 1,697,289 (1)
D
 
Class A Common Stock 125,000
I
By AMD 09 LLC (2)
Class A Common Stock 125,000
I
By JKD 09 LLC (3)
Class A Common Stock 49,946
I
By SBLG Family Investment LLC (4)
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
Stock Option (right to buy)   (5) 04/15/2031 Class A Common Stock 2,165,000 12.63 D  
Stock Option (right to buy)   (6) 04/15/2031 Class A Common Stock 1,640,000 17.04 D  
Explanation of Responses:
1. Includes (i) 38,195 restricted stock awards ("RSAs") granted on March 13, 2025 that vest in five substantially equal annual installments on the first five anniversaries of the grant date; (ii) 18,000 RSAs granted on February 12, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date; and (iii) 121,875 RSAs granted on April 29, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date.
2. These shares are held by AMD 09 LLC ("AMD"). April Delaney, the spouse of the Reporting Person has the power to vote and dispose of the shares held by AMD. The Reporting Person disclaims beneficial ownership of the shares held by AMD, except to the extent of his pecuniary interest therein.
3. These shares are held by JKD 09 LLC ("JKD"). The Reporting Person has the sole power to vote and dispose of the shares held by JKD. The Reporting Person disclaims beneficial ownership of the shares held by JKD, except to the extent of his pecuniary interest therein.
4. These shares are held by SBLG Family Investment LLC ("SBLG"). The Reporting Person has sole power to vote and dispose of the shares held by SBLG. The Reporting Person disclaims beneficial ownership of the shares held by SBLG, except to the extent of his pecuniary interest therein.
5. These options were granted on April 15, 2021 and vest in five equal annual installments on the first five anniversaries of the grant date, of which 840,000 options are also subject to performance-based vesting conditions based on pre-established stock price hurdles.
6. These options were granted on April 15, 2021 and vest in five equal annual installments on the first five anniversaries of the grant date.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Kori L. Ogrosky, as attorney-in-fact 06/10/2026
** 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 4 (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.

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

EX-24.1 -- POWER OF ATTORNEY