STOCK TITAN

Customers Bancorp (CUBB) director granted 895 shares as Q1 2026 pay

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 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 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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SEC Form 4
FORM 4 UNITED 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 PA 19611

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc. [ CUBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/16/2026 03/16/2026 A 895(1) A $64.72 125,713 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This stock was issued to the reporting person in lieu of cash for director compensation for Q1 2026.
Remarks:
/s/ T. Lawrence Way by Andrew Sachs Under Power of Attorney 03/17/2026
** Signature of Reporting Person Date
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.

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.

How many Customers Bancorp shares does Way T. Lawrence hold after this Form 4?

After the reported transaction, Way T. Lawrence directly holds 125,713 shares of Customers Bancorp Common Stock. The 895-share grant for Q1 2026 director compensation represents a small addition to this existing position, based on the filing data.

What price per share was used for the Customers Bancorp stock issued to Way T. Lawrence?

The Form 4 shows a transaction price of $64.72 per share for the 895 shares granted. This value is used to report the award in the filing and reflects the reference price for the Q1 2026 director stock compensation.

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.