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AI brief of an SEC Form 8-K · The Bancorp (TBBK)

Bancorp appoints Dwayne Allen as director effective January 1, 2025, expanding board to ten

Neutral Impact 2 of 5 leadership Written later

The Bancorp's Board appointed Dwayne L. Allen, a technology executive who has served as Senior Vice President and Chief Technology Officer at Unisys since 2021, as a director effective January 1, 2025. The Board size was increased to ten directors at the same time, and Mr. Allen has not yet been named to any committee.

Key points

  • Board appointed Dwayne L. Allen as a director on December 18, 2024, effective January 1, 2025.
  • Board size increased from prior level to ten (10) directors, effective January 1, 2025.
  • Mr. Allen previously held roles at Microsoft (2019-2021), Masonite International (2017-2019), and other technology leadership positions.
  • No committee assignment yet; he will receive standard non-employee director compensation.

The filing

CompanyThe Bancorp (TBBK)
Form8-K, current report
Filed with the SECDec 19, 2024, 4:05 PM ET
Accession number0002039852-24-000044

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 19, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.