STOCK TITAN

Director receives 849-share stock grant at Customers Bancorp (CUBB)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Way T Lawrence reported acquisition or exercise transactions in this Form 4 filing.

Customers Bancorp, Inc. director Lawrence Way received 849 shares of Common Stock as a grant on June 15, 2026, valued at $78.21 per share. The stock was issued in lieu of cash for Q2 2026 director compensation, bringing his direct holdings to 126,562 shares.

Positive

  • None.

Negative

  • None.
Insider Way T Lawrence
Role null
Type Security Shares Price Value
Grant/Award Common Stock 849 $78.21 $66K
Holdings After Transaction: Common Stock — 126,562 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 849 shares Common Stock grant on June 15, 2026
Grant value per share $78.21 per share Valuation for Q2 2026 director compensation
Total shares after grant 126,562 shares Director’s direct holdings following transaction
Common Stock financial
"849 shares of Common Stock as a grant on June 15, 2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
director compensation financial
"issued to the reporting person in lieu of cash for director compensation for Q2 2026"
Grant, award, or other acquisition financial
"transaction code description shows “Grant, award, or other acquisition” for this entry"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Way T Lawrence

(Last)(First)(Middle)
701 READING AVENUE

(Street)
WEST READING PENNSYLVANIA 19611

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc. [ CUBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/202606/15/2026A849(1)A$78.21126,562D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This stock was issued to the reporting person in lieu of cash for director compensation for Q2 2026.
Remarks:
/s/ T. Lawrence Way by Andrew Sachs Under Power of Attorney06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Customers Bancorp (CUBB) report in this Form 4?

Customers Bancorp reported that director Lawrence Way received 849 shares of Common Stock. The shares were granted on June 15, 2026 as equity compensation instead of cash for Q2 2026 board service, reflecting routine director remuneration.

Was the Customers Bancorp (CUBB) Form 4 transaction a stock purchase or a grant?

The Form 4 shows a stock grant, not an open-market purchase. Lawrence Way acquired 849 Common Stock shares as director compensation, coded as “A” for grant, award, or other acquisition, with no indication of a market buy or sell order.

What price and value are associated with the Customers Bancorp (CUBB) director share grant?

The 849 shares of Customers Bancorp Common Stock were valued at $78.21 per share. This valuation reflects the compensation value assigned for Q2 2026 director service, issued in stock rather than paid in cash to the reporting director.

How many Customers Bancorp (CUBB) shares does the director hold after this Form 4 transaction?

After the grant, director Lawrence Way directly holds 126,562 shares of Customers Bancorp Common Stock. This figure includes the 849 new shares issued as Q2 2026 director compensation in stock, illustrating his ongoing equity stake in the company.

Does the Customers Bancorp (CUBB) Form 4 indicate any stock sales or disposals by the director?

The filing does not report any stock sales or disposals. It shows a single acquisition transaction coded as a grant or award of 849 Common Stock shares, with no accompanying sale, tax withholding disposition, or gift in this specific Form 4.

Why did Customers Bancorp (CUBB) issue stock instead of cash to its director for Q2 2026?

The footnote explains that the stock was issued in lieu of cash for Q2 2026 director compensation. This means the company chose to settle the director’s quarterly board fees in equity, aligning compensation with the company’s share performance.