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Bancorp (NASDAQ: TBBK) director receives 3,600-share restricted stock unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Brockman Todd J. reported acquisition or exercise transactions in this Form 4 filing.

Bancorp, Inc. director Todd J. Brockman reported receiving a grant of 3,600 shares of common stock in the form of restricted stock units. These units carry no purchase price and each unit represents the right to receive one share of common stock upon vesting.

The restricted stock units are scheduled to vest in full one year from the grant date, after which the underlying shares will be delivered. Following this award, Brockman directly holds a total of 14,230 shares of Bancorp, Inc. common stock.

Positive

  • None.

Negative

  • None.
Insider Brockman Todd J.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,600 $0.00 --
Holdings After Transaction: Common Stock — 14,230 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 3,600 shares Restricted stock units granted to director on Form 4
Post-transaction holdings 14,230 shares Total Bancorp, Inc. common stock held directly after grant
Grant price per share $0.00 per share Equity award carried no cash purchase price
Vesting period 1 year Restricted stock units vest in full one year from grant date
restricted stock units financial
"The Reporting Person was granted restricted stock units, each of which represents the right to receive one share"
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.
vesting financial
"upon vesting. The restricted stock units shall vest in full one year from the date of grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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SEC Form 4
FORM 4UNITED 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*
Brockman Todd J.

(Last)(First)(Middle)
C/O THE 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/27/2026A3,600A(1)14,230D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Reporting Person was granted restricted stock units, each of which represents the right to receive one share of common stock of The Bancorp, Inc. upon vesting. The restricted stock units shall vest in full one year from the date of grant.
/s/ Martin F. Egan, as attorney-in-fact05/28/2026
** Signature of Reporting PersonDate
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 transaction did Bancorp, Inc. (TBBK) director Todd J. Brockman report?

Director Todd J. Brockman reported receiving a grant of 3,600 restricted stock units of Bancorp, Inc. common stock. Each unit represents one share to be delivered upon vesting, reflecting a compensation-related equity award rather than an open-market stock purchase.

How many Bancorp, Inc. (TBBK) shares does Todd J. Brockman hold after this Form 4?

After the reported grant, Todd J. Brockman directly holds 14,230 shares of Bancorp, Inc. common stock. This total includes the new 3,600-share restricted stock unit award that will convert into common shares once the vesting conditions are met after one year.

What are the key terms of Todd J. Brockman’s restricted stock unit grant at Bancorp, Inc. (TBBK)?

Brockman was granted 3,600 restricted stock units, each equal to one share of Bancorp, Inc. common stock. The units vest in full one year from the grant date, at which point the shares are delivered, with no cash purchase price required from the director.

Is Todd J. Brockman’s Form 4 transaction in Bancorp, Inc. (TBBK) an open-market buy or a compensation award?

The Form 4 reports a compensation-related equity award, not an open-market purchase. Brockman received 3,600 restricted stock units classified as a “grant, award, or other acquisition,” with a zero-dollar price, reflecting stock-based compensation from Bancorp, Inc.

When will the restricted stock units granted to Todd J. Brockman by Bancorp, Inc. (TBBK) vest?

The 3,600 restricted stock units granted to Todd J. Brockman are scheduled to 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 deliverable share ownership at that time.