Allen Dwayne 4
4 · Bancorp, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Bancorp (TBBK) Director Dwayne Allen Receives Award
What Happened Dwayne Allen, a director of The Bancorp, Inc. (TBBK), was granted 2,250 restricted stock units (RSUs) on 2026-05-27. Each RSU represents the right to receive one share of common stock upon vesting. The filing lists the transaction as an award (code A) with no purchase price reported (N/A), and the RSUs vest in full one year from the grant date.
Key Details
- Transaction date: 2026-05-27 (reported on Form 4 filed 2026-05-28)
- Transaction type: Award/Grant of RSUs (code A)
- Shares/units granted: 2,250 RSUs; price: N/A (compensation award)
- Vesting: RSUs vest in full one year from the grant date (per footnote)
- Shares owned after transaction: Not specified in the provided filing details
- Filing timeliness: Reported the next day (appears timely under usual 2-business-day rule)
- Footnote: Each RSU converts to one share upon vesting; full vesting occurs one year after grant
Context RSU grants are compensation, not open-market purchases or sales, and do not immediately change outstanding share count until the units vest and shares are issued. Such awards are common for executive/director pay and should be viewed as compensation-related rather than a direct buy or sell signal. Tax withholding or other conditions may apply at vesting.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-27+2,250→ 4,663 total
Footnotes (1)
- [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 in full one year from the date of grant.