Mackay Robert Neil 4

What Happened
Robert N. Mackay, a director of Customers Bancorp, was issued 895 shares as an award/acquisition (Form 4 code A) on March 16, 2026. The shares were valued at $64.72 each, for a total reported value of $57,924. This issuance replaced cash director compensation for Q1 2026.

Key Details

• Transaction date: 2026-03-16; SEC filing date: 2026-03-17 (timely; Form 4s are due within two business days).
• Transaction type/code: Grant/award (A).
• Shares acquired: 895 at $64.72 per share; total value $57,924.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: F1 — shares were issued in lieu of cash for director compensation for Q1 2026.
• No 10b5‑1 plan, exercise, sale, or tax‑withholding transaction indicated in the reported entry.

Context
This was a routine director compensation issuance (stock issued instead of cash), which is generally a compensation/event-driven acquisition rather than a direct signal of the director’s trading view. Routine awards like this are common for boards and should be interpreted as payroll/compensation activity rather than a market-timing trade.