Allen Dwayne 4

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.