Zuckerman Steven J 4
Research Summary
AI-generated summary
Customers Bancorp (CUBI) Director Steven J. Zuckerman Receives Award
What Happened
- Steven J. Zuckerman, a director of Customers Bancorp (ticker: CUBI), was issued 958 shares on 2026-06-15 as an award in lieu of cash for Q2 2026 director compensation.
- The shares were valued at $78.21 each, totaling $74,925. This was an issuance (award/grant), not an open-market buy or sale.
Key Details
- Transaction date: 2026-06-15; Filing date (Form 4): 2026-06-16 (timely filing).
- Price per share: $78.21; Total value: $74,925.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Shares issued in lieu of cash for Q2 2026 director compensation.
- F2: Some shares are associated with the Steven J. Zuckerman Revocable Trust.
- F3: Zuckerman is investment advisor for the Victoria H. Zuckerman 2006 Multigenerational Trust; he disclaims beneficial ownership of shares held by that trust except for his pecuniary interest.
- Transaction type code: A = Award/Grant.
Context
- This was a compensation issuance to a director — a routine, non-market transaction that reflects standard board pay rather than a personal buy/sell decision. Such awards are common and do not, by themselves, indicate the insider’s sentiment about the stock.