Banks Bernard Bennett 4
4 · Customers Bancorp, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Customers Bancorp (CUBI) Director Banks Bennett Receives Award of 881 Shares
What Happened
- Banks Bernard Bennett, a director of Customers Bancorp, Inc. (CUBI), was issued 881 shares on 2026-06-15 as an award/acquisition (transaction code A). The shares were valued at $78.21 each, totaling approximately $68,903. This issuance was compensation rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-15 at $78.21 per share.
- Shares acquired: 881 shares; total value ≈ $68,903.
- Shares owned after transaction: not specified in the filing.
- Footnote: The shares were issued to the reporting person in lieu of cash for director compensation for Q2 2026.
- Timeliness: Report period 2026-06-15; Form 4 filed 2026-06-16 — filing appears timely (no late filing indicated).
Context
- This was an award/compensation issuance (code A), a routine way companies pay non-employee directors and not necessarily a market signal like an open-market purchase or sale.
- For retail investors, such grants are primarily compensation-related and do not directly indicate insider sentiment about the company’s near-term stock performance.
Insider Transaction Report
Form 4
Banks Bernard Bennett
Director
Transactions
- Award
Common Stock
[F1]2026-06-15$78.21/sh+881$68,903→ 9,912 total
Footnotes (1)
- [F1]This stock was issued to the reporting person in lieu of cash for director compensation for Q2 2026.
Signature
/s/ Bernard B. Banks by Andrew Sachs Under Power of Attorney|2026-06-16