Bancorp (TBBK) EVP Connolly reports 3,200 inherited shares and updated holdings

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.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Connolly Mark Leo

Role EVP and Head of Credit Markets

Type	Security	Shares	Price	Value
W	Common Stock	3,200	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,200 shares (Indirect, By spouse); Common Stock — 255,704 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Inherited transfer: 3,200 shares Direct holdings: 255,704 shares 401(k) holdings: 4,464 shares +1 more

4 metrics

Inherited transfer 3,200 shares Common Stock coded "W" held indirectly by spouse

Direct holdings 255,704 shares Common Stock held directly after reported transactions

401(k) holdings 4,464 shares Common Stock held indirectly via 401(k) plan account

Spouse holdings after transfer 3,200 shares Common Stock held indirectly by spouse following inheritance transaction

Key Terms

laws of descent and distribution, 401(k) plan account, indirect, beneficial ownership

4 terms

laws of descent and distribution financial

"Acquisition or disposition by will or laws of descent and distribution"

401(k) plan account financial

"By 401(k) plan account"

indirect financial

"ownership_type": "indirect""

beneficial ownership financial

"disclaims beneficial ownership of these securities except to the extent"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Connolly Mark Leo

(Last) (First) (Middle)

C/O BANCORP, INC.

409 SILVERSIDE ROAD, SUITE 105

(Street)

WILMINGTON DELAWARE 19809

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Bancorp, Inc. [ TBBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and Head of Credit Markets

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/11/2026		W	V	3,200	A	$0	3,200	I	By spouse(1)
Common Stock								255,704	D
Common Stock								4,464	I	By 401(k) plan account

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein.

	/s/ Martin F. Egan, as attorney-in-fact	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did Bancorp (TBBK) report for Mark Leo Connolly?

Bancorp executive Mark Leo Connolly reported updated common stock holdings, including 3,200 shares transferred by inheritance to his spouse. He also reported 255,704 shares held directly and 4,464 shares held via a 401(k) plan account as of the reported date.

Was the TBBK Form 4 for Mark Leo Connolly a market buy or sell?

The Form 4 does not show an open-market buy or sell. It reports an inheritance-related transfer coded "W" and two holding entries, reflecting ownership positions rather than discretionary trading activity in Bancorp (TBBK) shares.

How many Bancorp (TBBK) shares does Mark Leo Connolly hold directly and indirectly?

Mark Leo Connolly reports directly holding 255,704 Bancorp common shares. Indirectly, he reports 4,464 shares held through a 401(k) plan account and 3,200 shares held by his spouse, subject to a disclaimer of beneficial ownership beyond any pecuniary interest.

What does the inheritance code "W" mean in the TBBK Form 4 filing?

Transaction code "W" indicates an acquisition or disposition by will or laws of descent and distribution. In this TBBK filing, it marks 3,200 shares now held indirectly through Connolly’s spouse, reflecting estate or inheritance-related movement rather than a market trade.

Does Mark Leo Connolly disclaim beneficial ownership of any TBBK shares?

Yes. The footnote states he disclaims beneficial ownership of indirectly held securities, such as spouse and 401(k) holdings, except to the extent of any pecuniary interest. This is a common legal clarification about economic versus voting or investment rights.