Form 4: Bancorp Executive Olek DeRowe Reports Stock Transactions
SEC Form 4 Filing
Olek DeRowe, EVP Head Commercial RE at Bancorp, Inc., reports acquisition and disposal of common stock and restricted stock units.
Summary
- Olek DeRowe, an executive at Bancorp, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 10, 2025, DeRowe acquired 19,917 shares of common stock through the vesting of restricted stock units.
- Also on February 10, 2025, DeRowe disposed of shares to cover taxes due upon the vesting of these restricted stock units.
- On February 11, 2025, 12,573 shares were sold at prices ranging from $61.65 to $62.46.
- Following these transactions, DeRowe directly owns 80,507 shares of common stock and indirectly owns 3,500 shares through a 401k plan account.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly diluting or increasing the stock's availability.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Acquisition of 19,917 shares of common stock and disposal of shares to cover taxes. |
| 02/11/2025 | Sale of 12,573 shares of common stock. |
| 02/12/2025 | Date of signature by attorney-in-fact. |
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