The Bancorp (TBBK) files Form 144 to sell 900 RSU-derived shares
Rhea-AI Filing Summary
The Bancorp, Inc. (TBBK) filing a Form 144 reports a proposed sale of 900 shares of common stock held in a Pershing, LLC brokerage account on or about 08/22/2025. The filing states the aggregate market value of the shares is $60,777 and that 46,065,385 shares of the class are outstanding. The shares were acquired as restricted stock units (RSUs) granted by the issuer on 05/30/2024, with 2,784 RSU units reported as acquired on that date and paid via the RSU grant. No other securities sales in the past three months are reported. The filer certifies no undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR: Small insider sale of 900 shares from RSU grant; filing provides transaction specifics but no material market-moving data.
The Form 144 discloses a proposed sale of 900 common shares with an aggregate market value of $60,777, scheduled approximately 08/22/2025, held at Pershing, LLC. The shares trace to an RSU compensation grant dated 05/30/2024 showing 2,784 units acquired. The filing indicates no other dispositions in the prior three months and affirms no undisclosed material adverse information. Based strictly on the disclosed numbers, the sale size relative to the 46,065,385 shares outstanding appears modest and the document contains no earnings, debt, or operational metrics to assess broader company impact.
TL;DR: Governance disclosure appears complete for Rule 144 notice; the filer affirms compliance and absence of undisclosed material facts.
The Form 144 delivers the required elements: issuer identification, broker name and address (Pershing, LLC), class and quantity of securities (900 common shares), aggregate market value ($60,777), outstanding shares (46,065,385), acquisition details (RSU grant on 05/30/2024), and intended sale date (08/22/2025). The filer signs the representation regarding material information. The submission does not include a trading plan reference or additional governance notes. From a compliance perspective, the notice contains the enumerated disclosures without supplemental context.