Customers Bancorp (CUBB) director granted 895 shares as Q1 2026 pay
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 director Way T. Lawrence received 895 shares of Common Stock as compensation, not as an open-market purchase. The shares were issued in lieu of cash for Q1 2026 director fees at a reference value of $64.72 per share. After this award, Lawrence directly holds 125,713 shares of Customers Bancorp common stock, indicating this is a relatively small, routine compensation-related grant rather than a large position change.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Way T Lawrence
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 895 | $64.72 | $58K |
Holdings After Transaction:
Common Stock — 125,713 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Customers Bancorp (CUBB) report for Way T. Lawrence?
Customers Bancorp reported that director Way T. Lawrence received 895 shares of Common Stock. The shares were granted as compensation for Q1 2026 director service, rather than bought on the open market, and increased his direct holdings to 125,713 shares.
Was the CUBB insider transaction an open-market purchase or a stock grant?
The transaction was a stock grant, not an open-market purchase. Way T. Lawrence received 895 shares of Customers Bancorp Common Stock in lieu of cash for Q1 2026 director compensation, according to the Form 4 footnote disclosure.
Why did Customers Bancorp issue stock instead of cash to director Way T. Lawrence?
The footnote explains that the 895 shares were issued in lieu of cash for Q1 2026 director compensation. This means Customers Bancorp compensated director Way T. Lawrence with stock rather than paying the same amount in cash for that quarter.