BUFORD ROBERT J 4
Research Summary
AI-generated summary
Customers Bancorp (CUBI) Director Robert J. Buford Receives 849-Share Award
What Happened
Director Robert J. Buford received an award of 849 shares of Customers Bancorp (CUBI) stock on 2026-06-15. The reporting price per share was $78.21, for a total value of approximately $66,400. The filing classifies the transaction as an award/acquisition (code A) rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-15; filing date: 2026-06-16 (timely filing).
- Price per share: $78.21; total value: $66,400 (849 shares).
- Transaction code: A (grant/award/acquisition).
- Footnote: The shares were issued in lieu of cash for director compensation for Q2 2026.
- Shares owned after the transaction: not specified in the provided summary of the filing.
Context This was a compensation issuance (stock awarded in lieu of cash) to a non-employee director. Such awards are routine forms of director pay and do not, by themselves, indicate buying or selling sentiment by the insider.