The Bancorp (TBBK) Form 144: 9,841 Shares Planned Sale on NASDAQ
Rhea-AI Filing Summary
The Bancorp Inc. (TBBK) Form 144 notice shows an insider sale of 9,841 common shares acquired as equity compensation on 02/09/2025. The shares are to be sold through Raymond James & Associates on 09/10/2025 on NASDAQ with an aggregate market value reported as $751,070.00. The filing reports 46,070,000 shares outstanding, and notes no securities sold by this person in the past three months. The filer certifies no undisclosed material adverse information and indicates cash payment for the acquisition.
Positive
- Clear disclosure of acquisition date (02/09/2025), acquisition type (equity comp), and planned sale date (09/10/2025).
- Filer certifies there is no undisclosed material adverse information and reports no sales in prior three months.
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice of an insider sale; disclosed quantities and timing suggest limited market impact.
The filing reports a planned sale of 9,841 shares obtained as equity compensation on 02/09/2025, to be executed via Raymond James on 09/10/2025. The aggregate value is stated as $751,070 against 46,070,000 shares outstanding, which represents a de minimis percentage of the float based on the provided figures. No sales in the prior three months are reported and the filer affirms there is no undisclosed material information. From a trading-impact perspective this is a routine, pre-clearable disclosure under Rule 144.
TL;DR: Disclosure aligns with Rule 144 formalities; documentation of acquisition date and payment type improves transparency.
The notice specifies acquisition as equity compensation and cash payment on the same acquisition date, which helps confirm the provenance of the shares being sold. The statement that there were no other sales in the prior three months and the signer’s certification about material disclosures are typical governance controls to limit regulatory risk. The document does not include additional governance events or material changes.