Customers Bancorp (CUBI) Director Mike Gill Receives 625-Share Award

What Happened

• Mike Gill, a director of Customers Bancorp, Inc. (CUBI), was issued 625 shares on 2026-09-15 as an award/other acquisition (transaction code A).
• The shares were valued at $78.91 each, totaling $49,319. The issuance was made in lieu of cash for Q3 2026 director compensation.

Key Details

• Transaction date and price: 2026-09-15 at $78.91 per share (total $49,319).
• Transaction type: Award/grant/other acquisition (SEC Form 4 code A).
• Shares owned after transaction: Not specified in the filing.
• Footnote: The filing states the stock was issued to the reporting person in lieu of cash for director compensation for Q3 2026.
• Filing timeliness: Form filed 2026-09-17 for a 2026-09-15 transaction — appears filed within the standard two-business-day window.

Context

• This was a compensation issuance, not an open-market purchase or sale; such awards reflect pay arrangements rather than a direct buy/sell decision by the insider and don’t necessarily signal an independent view of the company’s stock.
• No indication in the filing that the shares were sold immediately or subject to a 10b5-1 plan or tax-withholding disposition.