Olek DeRowe - 10 Feb 2025 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
EVP Head Commercial RE
Signature
/s/ Paul Frenkiel, attorney-in-fact
Issuer symbol
TBBK
Transactions as of
10 Feb 2025
Transactions value $
-$780,783
Form type
4
Filing time
12 Feb 2025, 16:01:49 UTC
Previous filing
13 Feb 2024
Next filing
05 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Award +19.9K +27.22% 93.1K 10 Feb 2025 Direct F1
transaction TBBK Common Stock Tax liability -$781K -12.6K -13.51% $62.10 80.5K 11 Feb 2025 Direct F2, F3
holding TBBK Common Stock 3.5K 10 Feb 2025 By 401k plan account
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units, each of which represents the right to receive one share of common stock of The Bancorp, Inc. upon vesting. The restricted stock units shall vest annually in three equal installments.
F2 Shares were sold to pay the taxes due upon the vesting of restricted stock units.
F3 Shares were sold at prices ranging from $61.65 to $62.46.