Canuso Dominic C 4
Research Summary
AI-generated summary
Bancorp (TBBK) CFO Dominic C. Canuso Buys Stock & Receives Award
What Happened
Dominic C. Canuso, Chief Financial Officer of The Bancorp, Inc. (TBBK), made multiple open-market purchases and received a grant of restricted stock units (RSUs). He bought 200 shares on Feb 6 at $60.50 ($12,100), 800 shares on Feb 9 at about $62.00 (~$49,603), and 2,000 shares on Feb 10 at $60.54 ($121,074) — roughly 3,000 shares for about $182,800 in cash. Separately, he was granted 9,669 RSUs (award), each representing the right to one share upon vesting.
Key Details
- Transaction dates and prices:
- Feb 6, 2026 — 200 shares @ $60.50 ($12,100)
- Feb 9, 2026 — 800 shares @ $62.00 ($49,603) (footnote F1: prices ranged $61.99–$62.02)
- Feb 10, 2026 — 2,000 shares @ $60.54 ($121,074) (footnote F3: purchase prices ranged $59.49–$61.23)
- Feb 9, 2026 — Grant of 9,669 RSUs (footnote F2: RSUs vest annually in three equal installments)
- Total cash purchases ≈ $182,777; RSU grant = 9,669 units (value not specified in filing).
- Shares owned after these transactions: not specified in the provided filing details.
- Filing date: Feb 10, 2026, covering transactions Feb 6–10; insiders generally must file Form 4 within two business days, so the Feb 6 trade appears to have been reported after that window.
- Transaction codes: P = open-market/private purchases; A = award/grant (RSUs).
Context
- The purchases are outright open-market acquisitions (cash buys), which some investors view as a positive signal because insiders are adding to holdings; however, filings are facts — they do not explain motivation.
- The RSUs are restricted stock units that convert to shares as they vest (three annual installments per the footnote), so those shares are not immediately tradable.
- No sales were reported in this Form 4.