Bancorp director granted 2,250 restricted stock units
Cohn Matthew reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Cohn Matthew reported acquisition or exercise transactions in this Form 4 filing.
Bancorp, Inc. director Matthew Cohn reported an equity award and updated holdings in company stock. He received 2,250 restricted stock units, each representing one share of common stock, with the award vesting in full one year from the grant date. After this grant, he directly holds 62,111 shares of Bancorp common stock. The filing also lists indirect holdings described as held by trusts, his spouse, and two daughters, with Cohn explicitly disclaiming beneficial ownership of those securities except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,250 shares
Grant/Award
5 txns
Insider
Cohn Matthew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,250 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 62,111 shares (Direct);
Common Stock — 5,155 shares (Indirect, By Spouse);
Common Stock — 3,175 shares (Indirect, By Daughter(A));
Common Stock — 2,964 shares (Indirect, By Daughter(B));
Common Stock — 163,314 shares (Indirect, By Trusts)
Footnotes (2)
- F1. 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.
- F2. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for any purpose.
Key Figures
Restricted stock units granted: 2,250 units
Direct shares after grant: 62,111 shares
Trust-held shares: 163,314 shares
+4 more
7 metrics
Restricted stock units granted
2,250 units
Equity award to Matthew Cohn; each unit equals one share at vesting
Direct shares after grant
62,111 shares
Bancorp common stock directly held by Matthew Cohn after the award
Trust-held shares
163,314 shares
Indirect Bancorp holdings described as held by trusts associated with Cohn
Daughter(B) indirect shares
2,964 shares
Indirect Bancorp holdings described as held by Daughter(B)
Daughter(A) indirect shares
3,175 shares
Indirect Bancorp holdings described as held by Daughter(A)
Spouse indirect shares
5,155 shares
Indirect Bancorp holdings described as held by spouse
RSU grant price
$0.0000 per unit
Restricted stock units granted without cash payment by Cohn
Key Terms
restricted stock units, beneficial ownership, pecuniary interest, indirect ownership, +1 more
5 terms
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest"
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.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, and this report should not be deemed an admission"
indirect ownership financial
"indirect holdings described as held by trusts, spouse, and daughters, reflecting indirect ownership classifications"
grant, award, or other acquisition financial
"transaction code description identifies this as a Grant, award, or other acquisition of common stock"
FAQ
What insider transaction did Bancorp (TBBK) director Matthew Cohn report?
Matthew Cohn reported receiving an equity award and updated his Bancorp stock holdings. The filing shows a grant of restricted stock units and discloses both his direct share ownership and several indirect family- and trust-related holdings in Bancorp common stock.
How many restricted stock units did Matthew Cohn receive from Bancorp (TBBK)?
He received 2,250 restricted stock units from Bancorp. Each unit represents the right to receive one share of common stock upon vesting, effectively increasing his future equity exposure in the company if the award fully vests as scheduled under its terms.
When do Matthew Cohn’s Bancorp (TBBK) restricted stock units vest?
The restricted stock units vest in full one year from the grant date. This means that if Cohn remains eligible through that one-year period, each of the 2,250 units will convert into one share of Bancorp common stock at vesting.
What indirect Bancorp (TBBK) holdings tied to Matthew Cohn are disclosed?
The filing lists indirect holdings held by trusts, his spouse, and two daughters, including 163,314 shares by trusts and smaller amounts by each family member. Cohn disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in them.
AI-generated analysis. How Rhea-AI works. Not financial advice.
