The Bancorp, Inc.
US ˙ NasdaqGS ˙ US05969A1051

Introduction

This page provides a comprehensive analysis of the known insider trading history of Erika R Caesar. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Erika R Caesar has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:TBBK / The Bancorp, Inc. EVP and General Counsel 24,440
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Erika R Caesar. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases TBBK / The Bancorp, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in TBBK / The Bancorp, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

TBBK / The Bancorp, Inc. Insider Trades
Insider Sales TBBK / The Bancorp, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in TBBK / The Bancorp, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2025-02-10 TBBK Caesar Erika R 5,000 60.3260 5,000 60.3260 301,630 56 40.9300 -96,980 -32.15
2023-02-10 TBBK Caesar Erika R 4,388 34.7800 4,388 34.7800 152,615
2021-11-09 TBBK Caesar Erika R 4,000 32.2016 4,000 32.2016 128,806

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

TBBK / The Bancorp, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Erika R Caesar as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-02-12 2025-02-10 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -1,998 24,440 -7.56 60.33 -120,531 1,474,367
2025-02-12 2025-02-10 4 TBBK Bancorp, Inc.
Common Stock
S - Sale -5,000 26,438 -15.90 60.33 -301,630 1,594,899
2025-02-12 2025-02-10 4 TBBK Bancorp, Inc.
Common Stock
A - Award 3,775 31,438 13.65
2024-02-13 2024-02-12 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -1,682 27,663 -5.73 44.85 -75,444 1,240,793
2024-02-13 2024-02-09 4 TBBK Bancorp, Inc.
Common Stock
A - Award 5,696 29,345 24.09
2023-02-23 2023-02-22 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -1,466 23,649 -5.84 33.84 -49,609 800,277
2023-02-13 2023-02-10 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -843 25,115 -3.25 34.84 -29,374 875,127
2023-02-13 2023-02-10 4 TBBK Bancorp, Inc.
Common Stock
S - Sale -4,388 25,958 -14.46 34.78 -152,615 902,819
2023-02-13 2023-02-09 4 TBBK Bancorp, Inc.
Common Stock
A - Award 9,773 30,346 47.50
2022-05-24 2022-05-23 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -1,308 20,573 -5.98 19.11 -24,996 393,150
2022-02-11 2022-02-10 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -642 21,881 -2.85 29.86 -19,170 653,367
2022-02-11 2022-02-09 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -652 22,523 -2.81 30.54 -19,912 687,852
2022-02-11 2022-02-09 4 TBBK Bancorp, Inc.
Common Stock
A - Award 3,298 23,175 16.59
2021-11-09 2021-11-09 4 TBBK Bancorp, Inc.
Common Stock
S - Sale -4,000 19,877 -16.75 32.20 -128,806 640,071
2021-05-24 2021-05-21 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -1,341 23,877 -5.32 23.57 -31,607 562,781
2021-02-17 2021-02-17 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -233 25,218 -0.92 20.68 -4,818 521,508
2021-02-10 2021-02-09 4/A TBBK Bancorp, Inc.
Common Stock
F - Taxes -893 25,451 -3.39 18.36 -16,395 467,280
2021-02-10 2021-02-09 4/A TBBK Bancorp, Inc.
Common Stock
A - Award 3,588 26,344 15.77
2021-02-09 2021-02-09 4 TBBK Bancorp, Inc.
Common Stock
A - Award 3,588 26,344 15.77
2020-05-21 2020-05-20 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -233 22,756 -1.01 6.77 -1,577 154,058
2020-05-21 2020-05-20 4 TBBK Bancorp, Inc.
Common Stock
A - Award 13,100 22,989 132.47
2020-02-12 2020-02-11 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -894 9,889 -8.29 12.59 -11,258 124,532
2019-05-20 2019-05-20 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -28 10,783 -0.26 9.64 -270 103,948
2019-05-20 2019-05-17 4 TBBK Bancorp, Inc.
Common Stock
F - Taxes -198 10,811 -1.80 9.75 -1,930 105,407
2019-02-11 2019-02-11 4 TBBK Bancorp, Inc.
Common Stock
A - Award 8,751 11,009 387.56
2019-02-04 3 TBBK Bancorp, Inc.
Common Stock
4,516
2019-02-04 3 TBBK Bancorp, Inc.
Common Stock
4,516
2019-02-04 3 TBBK Bancorp, Inc.
Common Stock
4,516
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)