Director receives 849-share stock grant at Customers Bancorp (CUBB)
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Shares granted: 849 shares
Grant value per share: $78.21 per share
Total shares after grant: 126,562 shares
3 metrics
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
Key Terms
Common Stock, director compensation, Grant, award, or other acquisition
3 terms
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"
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.
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.