CUBI Director Andrea Allon Receives 625-Share Award

What Happened Andrea R. Allon, a director of Customers Bancorp, Inc. (CUBI), was issued 625 shares as an award/acquisition on September 15, 2026. The shares were recorded at $78.91 each, for a total value of about $49,319. This was a compensation award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-15; filing date: 2026-09-17 (no late filing indicated).
• Price per share: $78.91; shares acquired: 625; total value ≈ $49,319.
• Shares owned after transaction: not reported in the provided filing information.
• Footnote: The shares were issued in lieu of cash for Q3 2026 director compensation.
• Transaction type: Award/Grant (code A), not a purchase (P) or sale (S).

Context Compensation awards issued in lieu of cash are a routine form of director pay and do not necessarily signal insider buying or selling intent. Purchases or sales by insiders are typically more informative about personal conviction; here the issuance reflects standard compensation practice.