Bancorp (TBBK) director amends Form 4 to add 1,800 gifted shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Bancorp, Inc. director reports corrected stock gifts. An amended Form 4 updates a prior filing that, due to administrative error, omitted 1,800 common shares gifted on November 7, 2025. The director now shows 215,835 shares held directly, 10,500 shares held by trusts, and 6,200 shares held by a child and the child’s family.
The gifts were reported at a price of $0 with transaction code G, reflecting transfers rather than sales. The director is trustee for four trusts benefiting grandchildren and expressly disclaims beneficial ownership of both the trust-held and child-related shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,800 shares gifted
Mixed
4 txns
Insider
Lamb William H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,400 | $0.00 | -- |
| Gift | Common Stock | 1,200 | $0.00 | -- |
| Gift | Common Stock | 1,200 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 215,835 shares (Direct);
Common Stock — 6,200 shares (Indirect, By Child and Child's Family)
Footnotes (1)
- On November 12, 2025, the Reporting Person filed a Form 4 which, due to administrative error, inadvertently omitted 1,800 shares that were gifted from the Reporting Person. The number of gifted shares and total direct holdings have been updated to reflect these gifts. The Reporting Person is the trustee for four trusts, the beneficiaries of which are the Reporting Person's grandchildren. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
FAQ
What does Bancorp (TBBK) director’s amended Form 4 report?
The amended Form 4 reports corrected disclosure of stock gifts. It adds 1,800 previously omitted gifted Bancorp common shares and updates the director’s direct and indirect holdings, clarifying which shares are held personally, by trusts, and by a child and the child’s family.
What error did the Bancorp (TBBK) Form 4 amendment correct?
The amendment corrects an administrative error in a November 12, 2025 filing. That earlier report inadvertently omitted 1,800 Bancorp common shares that had been gifted by the director, so the number of gifted shares and total direct holdings have now been updated.
How were the Bancorp (TBBK) stock gifts structured in the amended filing?
The filing shows November 7, 2025 gifts of Bancorp common stock at a reported price of $0 under transaction code G. Shares moved from the director’s direct holdings to indirect holdings attributed to trusts and to a child and the child’s family, reflecting non-sale transfers.
Who signed the amended Bancorp (TBBK) Form 4 on behalf of the director?
The amended Form 4 was signed by Martin F. Egan as attorney-in-fact for the reporting director. This indicates Mr. Egan was authorized to execute the insider transaction report on the director’s behalf using a previously granted power of attorney.