Bancorp (TBBK) Director James J. McEntee III Receives 3,600 RSUs

What Happened James J. McEntee III, a director of The Bancorp, Inc. (TBBK), was granted 3,600 restricted stock units (RSUs) on May 27, 2026. The filing lists the transaction as an award/acquisition (code A); no purchase price or immediate cash consideration is disclosed. This was a compensatory equity grant rather than an open‑market buy or sale.

Key Details

• Transaction date: 2026-05-27; Form 4 filed 2026-05-28 (timely filing).
• Award: 3,600 restricted stock units; price: N/A (award).
• Vesting: RSUs vest in full one year from the grant date (see footnote F1).
• Shares owned after the transaction: not specified in the filing.
• Footnote: Each RSU represents the right to receive one share of common stock upon vesting.

Context RSUs are a form of equity compensation that convert into shares if and when they vest; they do not represent immediately issued shares. Because this is a director compensation grant, it reflects standard equity-based pay and is not the same signal as an insider buying stock on the open market.