|4Feb 11, 7:43 PM ET

Caesar Erika R 4

Research Summary

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Bancorp (TBBK) EVP Erika Caesar Receives RSUs, Sells 2,198 Shares

What Happened

  • Erika R. Caesar, EVP and General Counsel of The Bancorp, Inc. (TBBK), was granted 15,108 restricted stock units (RSUs) on Feb 9, 2026 and, on Feb 11, 2026, had 2,198 shares disposed/sold to satisfy tax withholding related to the grant. The Form 4 reports the 2,198 shares disposed at $58.79 each for a reported total of $129,216; the filing notes sale prices ranged from $57.68 to $59.045.

Key Details

  • Grant (A): 15,108 RSUs awarded on 2026-02-09. Each RSU represents the right to one share on vesting; RSUs vest annually in three equal installments (5,036 shares per year).
  • Tax withholding (F): 2,198 shares disposed on 2026-02-11 to pay taxes; reported value $129,216 (per-form average $58.79; prices ranged $57.68–$59.045).
  • Shares owned after the transaction: not specified in the provided filing.
  • Filing: Reported on 2026-02-11 for a 2026-02-09 grant/transaction — filed within the typical two-business-day Form 4 window.
  • Notes: F-code indicates shares were sold to cover tax liability; no 10b5-1 plan or other special arrangements disclosed in this filing.

Context

  • This was primarily an equity award (acquisition via RSUs) with a routine withholding sale to cover taxes. RSU grants are compensation and do not necessarily signal a buy or sell decision by the insider; the withholding sale is a common administrative step when awards vest.