Harris Ryan 4
Research Summary
AI-generated summary
Bancorp (TBBK) EVP Harris Ryan Sells 4,500 Shares
What Happened
- Harris Ryan, EVP and Head of Fintech Solutions at Bancorp, sold 4,500 shares on March 13, 2026. The transaction report lists a price of $53.18 per share for a reported proceeds total of $239,328. The filing characterizes the trade as an open market or private sale (transaction code S). Sales are often routine (e.g., cash needs or portfolio rebalancing) and do not necessarily signal a change in insider sentiment.
Key Details
- Transaction date: 2026-03-13
- Reported price in filing: $53.18 per share; footnote F1 notes the shares were sold at prices ranging from $53.16 to $53.33
- Shares sold: 4,500 — proceeds ≈ $239,328
- Shares owned after transaction: not disclosed in the provided filing
- Notable footnote: F1 confirms a price range of $53.16–$53.33 for the sales
- Filing timing: Form 4 filed 2026-03-16 (appears one business day after the typical two-business-day reporting window for Form 4s)
- No 10b5-1 plan, tax-withholding, or other special instructions were indicated in the information provided
Context
- Insider sales are common and can reflect personal financial planning rather than a view on the company. Purchases generally provide stronger direct evidence of insider confidence; this report documents a routine sale. Retail investors should consider this trade alongside other insider activity, company fundamentals, and broader market conditions.