Gill Mike 4

What Happened Mike Gill, a director of Customers Bancorp, received an award of 625 shares on 2026-06-15. The shares were issued at a per-share value of $78.21, with a total reported value of $48,881. This was an equity award issued in lieu of cash for director compensation (not an open-market purchase or sale).

Key Details

• Transaction date and price: 2026-06-15, 625 shares @ $78.21 each.
• Transaction type/code: A — Grant/award (acquisition).
• Total value reported: $48,881.
• Shares owned after the transaction: not specified in the Form 4 filing.
• Footnote: F1 — shares were issued to the reporting person in lieu of cash for Q2 2026 director compensation.
• Filing timeliness: Form filed 2026-06-16 for a 2026-06-15 transaction (appears timely).

Context Director equity awards are commonly used as routine compensation and do not necessarily indicate a personal buy or sell decision tied to company outlook. The transaction represents compensation rather than a market purchase, and the reported value (~$48.9K) is modest relative to typical insider trades.