Customers Bancorp (CUBI) Director Way T Lawrence Receives 847 Shares

What Happened Way T Lawrence, a director of Customers Bancorp (CUBI), was issued 847 shares on September 15, 2026 as an award/other acquisition. The shares were valued at $78.91 each, for a total value of $66,836.77 (reported as $66,837). This was an award issued in lieu of cash for Q3 2026 director compensation — an acquisition through compensation rather than an open-market purchase.

Key Details

• Transaction date and type: 2026-09-15 — Grant/award/other acquisition (Code A).
• Price and value: 847 shares × $78.91 = $66,836.77 (reported $66,837).
• Filing date: Form 4 filed 2026-09-17 (covers the 9/15/2026 transaction); filing appears timely.
• Shares owned after transaction: Not disclosed in the provided filing data.
• Footnote: F1 — Shares were issued to the reporting person in lieu of cash for director compensation for Q3 2026.
• No indication of a 10b5-1 plan, gift, tax withholding, or late filing in the supplied information.

Context This was a routine director compensation award, not a market purchase or sale. Awards issued in lieu of cash are common for board compensation and do not necessarily indicate the director’s personal buying/selling sentiment. Retail investors typically view purchases as more informative than routine awards, which mainly reflect company compensation practices.