Brockman Todd J. 4

What Happened

• Todd J. Brockman, a director of The Bancorp, Inc. (TBBK), received an award of 3,600 restricted stock units (RSUs) on May 27, 2026. The filing reports an "A" (award/grant) transaction; no purchase price or cash value is listed in the report.
• These RSUs each represent the right to one share of common stock upon vesting. According to the filing footnote, the RSUs will vest in full on May 27, 2027.

Key Details

• Transaction date: 2026-05-27 (Form 4 filed 2026-05-28).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 3,600 RSUs.
• Price/consideration: N/A (typical for RSU grants; value not shown in this excerpt).
• Vesting: Vest in full one year from grant (May 27, 2027).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing appears timely (transaction reported the next day).

Context

• RSU grants are a form of equity compensation for directors and employees; they convert to shares only upon vesting, so this is not an immediate open-market purchase or sale.
• Because the units vest in the future, this grant does not reflect an immediate change in market exposure by the director. It is a routine compensation event rather than a direct buy/sell of shares.