Allon Andrea R. 4
Research Summary
AI-generated summary
Customers Bancorp (CUBI) Director Allon Receives 625-Share Award
What Happened
Andrea R. Allon, a director of Customers Bancorp, received an award of 625 shares on 2026-03-16. The shares were valued at $64.72 each, for a total value of approximately $40,450. This was an issuance (award/acquisition) — not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-16; filing date: 2026-03-17 (timely filed).
- Price per share: $64.72; shares received: 625; total value ≈ $40,450.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: The shares were issued in lieu of cash for director compensation for Q1 2026.
- Filing status: Reported promptly (no late-filing indication in the record).
Context
This was a compensation award in place of cash, a routine corporate practice for paying directors. Such awards reflect compensation choices and do not, by themselves, indicate the director’s personal buying or selling sentiment.