Bancorp, Inc. (NASDAQ: TBBK) director granted 3,600 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bancorp, Inc. director Hersh Kozlov reported a stock-based compensation grant. He acquired 3,600 shares of common stock through restricted stock units at no cash cost, classified as a grant or award. These restricted stock units vest in full one year from the grant date.
After this award, Kozlov directly holds 123,830 shares of Bancorp common stock. The transaction reflects routine director compensation rather than an open-market purchase or sale, and does not change his ownership through any derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KOZLOV HERSH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,600 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 123,830 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant: 3,600 shares
Grant price: $0.00 per share
Post-transaction holdings: 123,830 shares
+1 more
4 metrics
RSU grant
3,600 shares
Restricted stock units granted to director on May 27, 2026
Grant price
$0.00 per share
Price per share for RSU award (stock-based compensation)
Post-transaction holdings
123,830 shares
Total Bancorp common shares directly held by Kozlov after grant
Vesting period
1 year
Restricted stock units vest in full one year from grant date
Key Terms
restricted stock units, vest in full, Grant, award, or other acquisition
3 terms
restricted stock units financial
"The Reporting Person was granted restricted stock units, each of which represents the right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest in full financial
"The restricted stock units shall vest in full one year from the date of grant"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Bancorp, Inc. (TBBK) director Hersh Kozlov report?
Director Hersh Kozlov reported receiving 3,600 shares of Bancorp, Inc. common stock as a grant of restricted stock units. This award is stock-based compensation, not an open-market trade, and represents additional equity granted to him by the company under its compensation arrangements.
When do Hersh Kozlov’s Bancorp, Inc. (TBBK) restricted stock units vest?
The restricted stock units granted to Hersh Kozlov vest in full one year from the date of grant. Upon vesting, each unit converts into one share of Bancorp, Inc. common stock, increasing his freely usable share position, subject to any applicable company or regulatory restrictions.
Is the Bancorp, Inc. (TBBK) Form 4 transaction an open-market buy or sell?
The Form 4 transaction is not an open-market buy or sell. It is classified with code “A” as a grant or award, meaning 3,600 restricted stock units were granted as compensation. No shares were sold, and no cash purchase occurred in the market.