Bancorp, Inc.·4

Feb 11, 7:40 PM ET

Harris Ryan 4

Research Summary

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Bancorp (TBBK) EVP Harris Ryan Sells 14,872 Shares to Cover Taxes

What Happened Harris Ryan, EVP and Head of Fintech Solutions at The Bancorp, Inc. (TBBK), had 40,290 restricted stock units (RSUs) granted on 2026-02-09 and sold 14,872 shares on 2026-02-11 to satisfy tax withholding obligations. The shares sold were disposed at prices ranging from $56.13 to $56.36, for aggregate reported proceeds of about $836,260 (report lists $56.23 as the exercise/withholding price used).

Key Details

  • Grant: 40,290 RSUs awarded on 2026-02-09; RSUs vest annually in three equal installments (footnote F1).
  • Sale for taxes: 14,872 shares sold on 2026-02-11 to pay taxes due upon RSU vesting (footnote F2).
  • Sale prices: $56.13–$56.36 per share (footnote F3); reported amount tied to withholding: $56.23 / share, total ~$836,260.
  • Shares owned after transaction: not specified in the filing.
  • Filing: Form 4 filed 2026-02-11 reporting the Feb 9 grant and Feb 11 withholding sale — appears timely (file date two days after the grant date).

Context This was an award (RSU grant) followed by a tax-withholding sale — a routine administrative transaction rather than an open‑market directional trade. RSUs give the holder a right to receive shares upon vesting; selling a portion to cover taxes is common and does not necessarily signal a view on the company’s stock.