Customers Bancorp (NYSE: CUBI) director receives 625-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allon Andrea R. reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. director Andrea R. Allon reported receiving a grant of 625 shares of common stock on March 16, 2026. The shares were valued at $64.72 per share and were issued in lieu of cash for Q1 2026 director compensation.
Following this award, Allon directly holds 39,409 common shares. The filing also notes an additional 965 common shares held indirectly through a spouse, giving a clearer picture of the director’s total reported ownership stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Allon Andrea R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 625 | $64.72 | $40K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 39,409 shares (Direct);
Common Stock — 965 shares (Indirect, Spouse)
Footnotes (1)
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FAQ
What insider transaction did Customers Bancorp director Andrea R. Allon report?
Andrea R. Allon reported receiving 625 shares of Customers Bancorp common stock as a grant. The shares were issued in lieu of cash for Q1 2026 director compensation, reflecting routine equity-based board pay rather than an open-market purchase or sale.
At what price was the Customers Bancorp stock grant to Andrea R. Allon recorded?
The 625-share stock grant to Andrea R. Allon was recorded at $64.72 per share. This valuation is used for reporting the compensation value of the award and does not indicate an open-market transaction price set by the director.
Was the Customers Bancorp stock reported on this Form 4 a market purchase or compensation grant?
The reported 625 shares were a compensation grant, not a market purchase. The filing states the stock was issued in lieu of cash for Q1 2026 director compensation, classifying it as a routine award rather than an open-market buy or sell decision.