Gill Mike 4
4 · Customers Bancorp, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Customers Bancorp (CUBI) Director Mike Gill Receives Award
What Happened
Mike Gill, 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 $40,450. This was an awarded issuance (code A) issued in lieu of cash as director compensation for Q1 2026 — not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-16; filing date: 2026-03-17 (timely).
- Price per share: $64.72; shares issued: 625; total value: $40,450.
- Shares owned after transaction: not reported in the Form 4 provided.
- Footnote: stock issued in lieu of cash director compensation for Q1 2026.
- Filing timeliness: reported the next day — appears timely (no late filing flag).
Context
Awards issued to directors as compensation are common and typically reflect routine pay practices rather than a direct buy/sell signal. Purchases by insiders can be more informative about personal conviction; this grant mainly documents compensation paid in stock.
Insider Transaction Report
Form 4
Gill Mike
Director
Transactions
- Award
Common Stock
[F1]2026-03-16$64.72/sh+625$40,450→ 1,060 total
Footnotes (1)
- [F1]This stock was issued to the reporting person in lieu of cash for director compensation for Q1 2026.
Signature
/s/ Mike Gill by Andrew Sachs Under Power of Attorney|2026-03-17