Bancorp EVP updates holdings, reports 3,200 inherited shares
Bancorp, Inc. executive Mark Leo Connolly, EVP and Head of Credit Markets, reported updated holdings of the company’s common stock.
Rhea-AI Filing Summary
Bancorp, Inc. executive Mark Leo Connolly, EVP and Head of Credit Markets, reported updated holdings of the company’s common stock. The filing shows an inheritance-related transfer coded "W" of 3,200 shares, now held indirectly through his spouse, described as an acquisition or disposition by will or laws of descent and distribution. Connolly also reports 255,704 shares held directly and 4,464 shares held indirectly through a 401(k) plan account. The footnote states he disclaims beneficial ownership of the indirectly held securities except to the extent of any pecuniary interest, indicating this is a routine ownership and estate-planning update rather than an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Estate Transfer | Common Stock | 3,200 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The Reporting Person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein.
Key Figures
Key Terms
laws of descent and distribution financial
401(k) plan account financial
indirect financial
beneficial ownership financial
FAQ
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What insider activity did Bancorp (TBBK) report for Mark Leo Connolly?
Was the TBBK Form 4 for Mark Leo Connolly a market buy or sell?
What does the inheritance code "W" mean in the TBBK Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.