Terry Jennifer F 4

What Happened
Jennifer F. Terry, EVP and Chief Human Resources Officer of The Bancorp, Inc. (TBBK), received a grant of 8,058 restricted stock units (RSUs) on 2026-02-09. On 2026-02-11 she had 3,775 shares disposed to satisfy tax withholding obligations tied to the vesting of those RSUs, with reported proceeds of $217,271 (average listed as $57.56; sale prices ranged $57.17–$57.71).

Key Details

• Grant: 8,058 RSUs granted on 2026-02-09 (each RSU represents one share upon vesting).
• Tax withholding sale: 3,775 shares sold on 2026-02-11 to cover taxes (Form 4 code F). Reported proceeds $217,271; prices ranged $57.17–$57.71 (average $57.56 shown).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: RSUs vest annually in three equal installments; the sale was to pay taxes due on vesting.
• Filing timeliness: Report filed 2026-02-11 for transactions dated 2026-02-09 (appears timely under the Form 4 two-business-day rule).

Context
This transaction reflects an award of deferred equity (RSUs) and a routine sale of shares to satisfy tax withholding — a common administrative step (not necessarily a market-timing sale). RSUs convert to shares as they vest; the sale was to cover the related tax liability rather than an open-market discretionary sale.