Mudick Stephanie B 4
Research Summary
AI-generated summary
Bancorp (TBBK) Director Stephanie Mudick Receives 3,600 RSUs
What Happened
- Stephanie B. Mudick, a director of The Bancorp, Inc. (TBBK), was granted 3,600 restricted stock units (RSUs) on 2026-05-27. The filing reports an acquisition (award) of 3,600 units; no purchase price or immediate cash value is reported (N/A). These RSUs represent the right to receive one share of common stock per unit upon vesting.
Key Details
- Transaction date: 2026-05-27; Form 4 filed 2026-05-28 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 3,600 restricted stock units; price: N/A (non-cash award).
- Vesting: RSUs vest in full one year from grant (vest date ~2027-05-27) per footnote.
- Shares owned after transaction: Not disclosed in the provided details.
- No indication of a 10b5-1 plan, sale, exercise, or tax-withholding reported in this filing.
Context
- RSUs are a compensation award that convert to shares upon vesting and can be forfeitable until that time; they are commonly used for director and executive pay and do not by themselves indicate a buy/sell sentiment. Purchases or open-market sales are often more informative about insider views than standard compensation grants.