The Bancorp (TBBK) files Form 144 to sell 11,810 RSU shares on Nasdaq
Rhea-AI Filing Summary
The Bancorp, Inc. (TBBK) filed a Form 144 reporting a proposed sale of 11,810 shares of common stock, with an aggregate market value of $767,650.00, through Capital Investment Brokerage on or about 08/13/2025 on Nasdaq. The filing states 46,065,385 shares outstanding, and the sale amount equals the total of two RSU grants listed.
The securities were acquired as compensation: 11,436 shares from an RSU grant dated 02/09/2024 and 374 shares from an RSU grant dated 02/17/2023. No sales by the person are reported in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR Routine insider notice: RSU-derived holdings proposed for sale, disclosed under Rule 144 with standard representations.
The filing documents a proposed sale of 11,810 common shares valued at $767,650 via Capital Investment Brokerage, slated for 08/13/2025. The shares were acquired as RSU compensation on 02/09/2024 and 02/17/2023. From a governance perspective this is a standard Rule 144 disclosure fulfilling public notice requirements; the filing includes the attestation that no undisclosed material adverse information is known by the seller. There are no reported sales in the prior three months disclosed in the form.
TL;DR Informational disclosure with limited market impact: a modest RSU-derived position is being offered for sale under Rule 144.
The notice specifies the broker (Capital Investment Brokerage, Inc.), the proposed sale quantity (11,810 shares) and aggregate market value ($767,650.00). It lists the acquisition details as RSU grants dated 02/09/2024 and 02/17/2023. No other transactions in the past three months are reported. Given the data in the filing, this appears to be a routine liquidity action rather than a material corporate development.