Looney Susan Dianne 4

What Happened Susan Looney, a director of Customers Bancorp (CUBI), was issued 625 shares on 2026-03-16 as an award/grant (transaction code A). The shares were priced at $64.72 each, for a total value of $40,450. This was an issuance of stock in lieu of cash director compensation for Q1 2026, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-16; Filing date: 2026-03-17 (appears timely)
• Transaction type/code: Award/Grant (A)
• Shares acquired: 625 at $64.72 per share; total value $40,450
• Shares owned after transaction: not disclosed in the provided filing
• Footnote: stock issued in lieu of cash for director compensation for Q1 2026
• No indication this was an option exercise, gift, or 10% owner transaction

Context This was compensation-related equity issued to a director, which is common practice and reflects pay delivery rather than a direct market endorsement of the stock. Such awards are routine and should be interpreted differently than open-market purchases by insiders.