Garry Gregor J 4
4 · Bancorp, Inc. · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Bancorp (TBBK) EVP & COO Garry J. Gregor Receives RSUs, Sells Shares
What Happened
Garry J. Gregor, EVP and COO of The Bancorp, Inc. (TBBK), was granted 25,181 restricted stock units (RSUs) on Feb. 9, 2026, and on Feb. 11, 2026 sold 7,950 shares to satisfy tax withholding obligations. The sale generated approximately $447,277 in proceeds (reported average/representative price $56.26; reported sale prices ranged $55.9779–$56.375).
Key Details
- Transaction types: Award/Grant (Code A) of 25,181 RSUs on 2026-02-09; Tax withholding sale (Code F) of 7,950 shares on 2026-02-11.
- Sale price/info: filing lists $56.26 per share (calculated) and footnote reports sale prices ranged from $55.9779 to $56.375; total proceeds ≈ $447,277.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — RSUs represent the right to one share each and vest annually in three equal installments. F2 — Shares were sold to pay taxes due upon vesting. F3 — Sale price range as noted above.
- Filing timeliness: Filed Feb. 11 for a Feb. 9 transaction (no late-filing flag indicated in the provided info).
Context
This was an RSU grant plus a routine tax-withholding sale: the award is a deferred equity grant that vests over time, and the reported sale was to cover tax liabilities on vesting (a common administrative transaction). Such withholding sales are not the same as an intentional open-market sale expressing a view on the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-09+25,181→ 135,288 total - Tax Payment
Common Stock
[F2][F3]2026-02-11$56.26/sh−7,950$447,277→ 127,338 total
- 4,456(indirect: By 401(k))
Common Stock
Footnotes (3)
- [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 annually in three equal installments.
- [F2]Shares were sold to pay the taxes due upon the vesting of restricted stock units.
- [F3]Shares were sold at prices ranging from $55.9779 to $56.375.