KOZLOV HERSH 4

What Happened

• Hersh Kozlov, a director of The Bancorp, Inc. (TBBK), was granted 3,600 restricted stock units (RSUs) on 2026-05-27. The Form 4 reports the grant as an award (transaction code A); no per-share price is reported for RSU grants. This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-27 (Form 4 filed 2026-05-28 — within the typical two-business-day reporting window).
• Transaction type/code: Award/Grant (A) — 3,600 RSUs; price: N/A for RSU grants.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The RSUs represent the right to receive one share of common stock upon vesting; they vest in full one year from the grant date (see footnote F1).
• No indication of a 10b5-1 plan, tax withholding election, or immediate sale — these RSUs simply vest in the future.

Context

• RSUs are a form of equity compensation that convert to shares only upon vesting; they are not tradable until that time. Grants to directors are common as part of compensation and do not by themselves signal buying or selling intent. When the RSUs vest, shares may be issued and tax withholding may occur per company policy.