John Leto - Feb 9, 2024 Form 4 Insider Report for Bancorp, Inc. (TBBK)

Role
EVP Head of Institutional Bank
Signature
/s/ Paul Frenkiel, attorney-in-fact
Stock symbol
TBBK
Transactions as of
Feb 9, 2024
Transactions value $
-$334,296
Form type
4
Date filed
2/13/2024, 04:27 PM
Previous filing
Feb 23, 2023
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBBK Common Stock Award +18.8K +8.97% 228K Feb 9, 2024 Direct F1
transaction TBBK Common Stock Tax liability -$334K -7.45K -3.27% $44.85 221K Feb 12, 2024 Direct F2, F3
* 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 $44.60 to $45.37.