Form 4: Director Hersh Kozlov Receives Equity Grant at The Bancorp

Director Hersh Kozlov was granted 3,600 restricted stock units in The Bancorp, Inc. as part of an annual equity compensation award.

Summary

• Director Hersh Kozlov acquired 3,600 restricted stock units (RSUs) of The Bancorp, Inc. (TBBK) common stock.
• The transaction occurred on May 27, 2026.
• Following this grant, the director's total beneficial ownership increased to 123,830 shares.
• The RSUs are scheduled to vest in full one year from the date of the grant.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with shareholders through increased equity ownership.
• Standard equity-based compensation structure for board members.

Negatives

• None identified.

Risks

• Market volatility affecting the future value of the granted equity.
• Vesting conditions dependent on continued service as a director.

Future Outlook

The restricted stock units will vest in full on May 27, 2027, at which point they convert to common stock.

Industry Context

StockSavvy.ai notes that equity grants to board members are a standard corporate governance practice in the financial services sector to ensure long-term alignment between leadership and shareholder interests.

Comparison to Industry Standards

• The grant of restricted stock units is consistent with standard compensation packages for non-executive directors at mid-cap financial institutions.
• The one-year cliff vesting schedule is a common retention mechanism used by publicly traded companies.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• Vesting of the 3,600 restricted stock units on May 27, 2027.

Key Dates

Keywords

The Bancorp, TBBK, Form 4, Insider Trading, Equity Compensation, Director Ownership