4/A: Director Amends Ownership Filing, Corrects Gifted Shares
Insider Ownership Amendment
The Bancorp Director William H. Lamb amended a previous Form 4 to correct an administrative error regarding gifted common stock shares.
Summary
- An amendment to a Form 4, originally filed on November 12, 2025, has been submitted by William H. Lamb, a Director of The Bancorp, Inc. (TBBK).
- The amendment corrects an administrative error from the original filing, which inadvertently omitted 1,800 shares that were gifted from the Reporting Person.
- On November 7, 2025, a disposition of 2,400 shares of common stock from direct holdings occurred, reflecting the corrected gifted shares.
- On the same date, two separate acquisitions of 1,200 shares each of common stock were made by the Reporting Person's child and child's family, increasing indirect beneficial ownership.
- Following these reported transactions, William H. Lamb's direct beneficial ownership stands at 215,835 shares.
- Indirect beneficial ownership includes 10,500 shares held by trusts and 6,200 shares held by the child and child's family.
- William H. Lamb disclaims beneficial ownership of the securities held by the trusts and by his child and child's family.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative correction, which clarifies insider ownership data but does not impact the company's fundamental outlook or operational performance.
Future Outlook
No forward-looking statements or guidance are provided in this administrative filing.
Industry Context
StockSavvy.ai notes this filing is a routine compliance update for insider ownership changes, reflecting a correction to previously reported transactions. It does not provide insights into broader industry trends or competitive positioning.
Related Party Transactions
- William H. Lamb gifted a total of 2,400 shares of common stock to his child and child's family on November 7, 2025, which are reported as indirect beneficial ownership.
Stakeholder Impact
- Shareholders receive clarified and corrected information regarding a director's beneficial ownership, enhancing transparency in insider holdings.
Key Dates
| Date | Description |
|---|---|
| 11/07/2025 | Date of the reported transactions (gifting of shares). |
| 11/12/2025 | Date of the original Form 4 filing that is being amended. |
| 02/06/2026 | Signature date of the amended Form 4/A. |
Keywords
The Bancorp, TBBK, Form 4/A, beneficial ownership, director, stock gift, SEC filing, insider transaction
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