Allon Andrea R. 4
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Customers Bancorp (CUBI) Director Andrea R. Allon Receives 625 Shares
What Happened Andrea R. Allon, a director of Customers Bancorp (CUBI), was issued 625 shares on June 15, 2026. The shares were valued at $78.21 each, for a total reported value of $48,881. The transaction is recorded as an award/acquisition (code A) and represents director compensation issued in lieu of cash for Q2 2026.
Key Details
- Transaction date and price: 2026-06-15 — 625 shares @ $78.21 per share (total $48,881).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Footnote: F1 — shares were issued to the reporting person in lieu of cash for director compensation for Q2 2026.
- Filing timeliness: Form filed 2026-06-16 for the 2026-06-15 transaction; appears to be filed promptly.
Context This was a compensation award to a board member, not an open-market purchase or sale. Director stock awards issued in lieu of cash are routine corporate compensation and do not necessarily signal a change in insider sentiment about the stock. Retail investors may note the dollar value (~$49k) but should consider this as part of normal director pay practices.