Form 4: Bancorp, Inc. Executive Maria Wainwright Sells Shares
SEC Form 4 Filing
Maria Wainwright, EVP and Chief Marketing Officer of Bancorp, Inc., sold 11,357 shares of common stock at an average price of $50.0772 on October 29, 2024.
Summary
- On October 29, 2024, Maria Wainwright, the EVP and Chief Marketing Officer of Bancorp, Inc. (TBBK), sold 11,357 shares of the company's common stock.
- The sale was executed at a weighted average price of $50.0772 per share, with prices ranging from $50.00 to $50.24.
- Following the transaction, Wainwright directly owns 23,291 shares of Bancorp, Inc. common stock.
- Additionally, she indirectly owns 1,152 shares through a 401k plan account.
Sentiment
Score: 5
Explanation: Neutral. This is a standard Form 4 filing, indicating a sale of shares by an executive. It doesn't inherently suggest positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a problem with the company.
Key Dates
| Date | Description |
|---|---|
| 10/29/2024 | Date of the stock sale transaction. |
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