secwatch.observer — SEC 8-K summary
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Issuer:     Bancorp, Inc. (TBBK)
CIK:        0001295401
Form:       8-K
Filed at:   2025-04-03T23:59:59+00:00
Accession:  0002039852-25-000071
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bancorp CFO Paul Frenkiel retires; CAO Martin Egan named interim CFO
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- Paul Frenkiel, 72, retired as EVP, CFO and Secretary effective March 28, 2025.
- Martin Egan, current Chief Accounting Officer, appointed Interim CFO; will continue as CAO.
- Frenkiel to serve as consultant through Dec 31, 2025 for $250,000 payable monthly.
- 25,561 unvested RSUs will vest on one-year anniversary of retirement date.
- Company continues formal search for permanent CFO, which began last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295401/000203985225000071/0002039852-25-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295401/000203985225000071/bancorp8k.htm
  HTML page:      https://secwatch.observer/filing/0002039852-25-000071

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