ROTHERMEL DANIEL K 4
Research Summary
AI-generated summary
Customers Bancorp (CUBI) Director Daniel K. Rothermel Receives 625 Shares
What Happened
Daniel K. Rothermel, a director of Customers Bancorp, received 625 shares of CUBI common stock on March 16, 2026. The shares were issued at $64.72 per share, for a total value of $40,450. This was an award/acquisition (code A) issued in lieu of cash for Q1 2026 director compensation.
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-03-17 (appears timely).
- Price per share: $64.72; Shares received: 625; Total value: $40,450.
- Shares owned after the transaction: not disclosed in the provided filing.
- Footnote: Issued in lieu of cash for director compensation for Q1 2026 (F1).
- Transaction type: Award/acquisition (routine director compensation, not an open-market purchase).
Context
Awards issued in lieu of cash are common for director pay and do not necessarily signal a change in insider sentiment. Purchases (direct buys) are often watched more closely as potential bullish signals; this filing documents routine compensation rather than a market purchase.