Cohn Matthew 4
Research Summary
AI-generated summary
Bancorp (TBBK) Director Matthew Cohn Buys 1,080 Shares
What Happened
Matthew Cohn, a director of Bancorp, Inc. (TBBK), made a series of open-market purchases (code P) totaling 1,080 shares between Feb 10 and Feb 12, 2026, for roughly $65,000. The individual purchases reported were: 355 shares at $62.16 ($22,067), 325 shares at $62.11 ($20,186), 170 shares at $56.99 ($9,688), and 230 shares at $56.78 ($13,059). These are outright purchases (a buy), which insiders often view as a positive signal compared with routine sales.
Key Details
- Transaction dates and prices: Feb 10–12, 2026; prices ranged from $56.78 to $62.16 (footnotes note narrower ranges for some lots: F1 $56.97–$56.99; F2 $56.11–$56.99).
- Total shares acquired: 1,080 shares for approximately $65,000.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: F1 and F2 specify price ranges for certain lots; F3 states the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
- Filing/timeliness: Form filed Feb 12, 2026 for transactions occurring Feb 10–12; filing appears timely based on the reported dates.
Context
- These were straightforward open-market purchases (transaction code P), not option exercises, awards, or gifts.
- Footnote F3 is a standard disclaimer indicating the reporter limits claimed beneficial ownership to their pecuniary interest; it does not change that purchases were made.
- For retail investors: insider purchases can be informative but should be considered alongside company fundamentals and broader market factors.