TBBK (NASDAQ: TBBK) CMO sells 8,400 shares, retains 24,942
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bancorp, Inc. executive Maria Wainwright, EVP & Chief Marketing Officer, reported an open-market sale of common stock. She sold 8,400 shares on April 28, 2026 at a price of $60.2405 per share, with sale prices ranging from $60.11 to $60.40 according to the footnote.
After this transaction, she directly holds 24,942 shares of common stock. The filing also shows an indirect 401(k) plan account position recorded as holding, with a balance of 0 shares following the reported date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,400 shares ($506,020)
Net Sell
2 txns
Insider
Wainwright Maria
Role
EVP & Chief Marketing Officer
Sold
8,400 shs ($506K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,400 | $60.2405 | $506K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 24,942 shares (Direct, null);
Common Stock — 0 shares (Indirect, By 401k plan account)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 8,400 shares
Average sale price: $60.2405 per share
Post-transaction holdings: 24,942 shares
+3 more
6 metrics
Shares sold
8,400 shares
Open-market sale of common stock on April 28, 2026
Average sale price
$60.2405 per share
Reported transaction price for 8,400 shares
Post-transaction holdings
24,942 shares
Total common shares directly held after sale
Sale price range
$60.11–$60.40
Footnote range for individual sale prices
Net shares sold
8,400 shares
Net buy/sell shares in transaction summary
Indirect 401k holdings after date
0 shares
Common stock via 401k plan account following transaction
Key Terms
open-market sale, indirect ownership, 401k plan account, non-derivative, +1 more
5 terms
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type is indirect for shares held by 401k plan account"
401k plan account financial
"nature_of_ownership is noted as By 401k plan account"
non-derivative financial
"transaction_type is listed as non-derivative for the common stock sale"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes the insider transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TBBK executive Maria Wainwright report?
Maria Wainwright reported an open-market sale of Bancorp, Inc. common stock. She sold 8,400 shares on April 28, 2026, as disclosed in a Form 4 insider filing with detailed pricing information.
What type of transaction code was used for the TBBK insider sale?
The transaction used code S, indicating a sale in the open market or a private transaction. The filing also labels the event as an open-market sale of non-derivative common stock by the executive.
Does the TBBK Form 4 show any remaining derivative securities for Maria Wainwright?
The Form 4 derivative summary is empty, indicating no derivative transactions were reported in this filing. Only non-derivative common stock transactions and a holding entry related to a 401(k) plan account are disclosed.
What does the 401k plan account entry mean in Maria Wainwright’s TBBK filing?
The filing includes an indirect holding entry labeled “By 401k plan account” for common stock. It shows a total of 0 shares following the transaction date, indicating no common stock remained in that 401(k) account.