Lamb William H 4/A
Research Summary
AI-generated summary
Bancorp (TBBK) Director William H. Lamb Gifts 2,400 Shares
What Happened
- William H. Lamb, a director of Bancorp, Inc. (TBBK), reported gift transactions dated November 7, 2025. The filing shows a gift disposal of 2,400 shares (priced at $0.00 per share) and two gift acquisitions of 1,200 shares each (also $0.00 per share). The transactions are recorded as gifts (code G), so no cash changed hands.
- The Form 4 is an amendment: the filer says an earlier Form 4 (filed Nov 12, 2025) accidentally omitted 1,800 gifted shares; this amended filing updates the reported gifted shares and direct holdings to correct that omission.
Key Details
- Transaction date: November 7, 2025; reported on an amended Form 4 filed February 6, 2026 (original Form 4 filed Nov 12, 2025 omitted shares).
- Transaction types/prices: Gifts (G); 2,400 shares disposed @ $0.00; two acquisitions of 1,200 shares each @ $0.00.
- Shares owned after transaction: Amended filing states direct holdings were updated to reflect the gifts; the exact post-transaction total is not provided here.
- Footnotes of note:
- F1: Amended to add 1,800 shares omitted from the prior filing.
- F2/F3: Lamb is trustee for four trusts whose beneficiaries are his grandchildren and disclaims beneficial ownership of the trust-held shares; the report disclaims beneficial ownership for these securities.
- Filing status: This is an amended filing correcting a prior administrative omission.
Context
- Gifts (code G) are transfers for estate/planning or family reasons and do not necessarily signal a view on company prospects; they are not purchases or sales for cash.
- The trustee and disclaimer footnotes indicate some transfers involve trusts for beneficiaries (grandchildren); the reporting person disclaims beneficial ownership of trust-held shares.