Form 4: Bancorp, Inc. Director Cheryl Creuzot Sells 766 Shares
SEC Form 4 Filing
Director Cheryl Creuzot sold 766 shares of Bancorp, Inc. (TBBK) common stock at a price of $32.6445 on June 3, 2024.
Summary
- On June 3, 2024, Cheryl Creuzot, a director of Bancorp, Inc. (TBBK), sold 766 shares of common stock.
- The transaction was executed at a price of $32.6445 per share.
- Following the transaction, Ms. Creuzot directly owns 7,638 shares of Bancorp, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, such as directors, who trade in their company's stock. It provides transparency to the market regarding the trading activities of those with privileged information.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of stock sale transaction |
| 06/04/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.