STOCK TITAN

Customers Bancorp director receives 879-share grant

Customers Bancorp director Bernard Bennett Banks received stock in place of cash fees for Q3 2026, modestly increasing his common share holdings.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Customers Bancorp, Inc. (symbol: CUBB) is the issuer of record for a Form 4 filing submitted to the SEC. Banks Bernard Bennett reported acquisition or exercise transactions in this Form 4 filing.

Customers Bancorp, Inc. (symbol CUBB) reported that director Bernard Bennett Banks received a grant of 879 shares of common stock on September 15, 2026. The shares were issued in lieu of cash for director compensation for Q3 2026, and his direct holdings increased to 10,791 shares.

No Rule 10b5-1 trading plan is reported for this award.

Positive

  • None.

Negative

  • None.
Insider Banks Bernard Bennett
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 879 $78.91 $69K
Holdings After Transaction: Common Stock — 10,791 shares (Direct)
Footnotes (1)
  1. F1. This stock was issued to the reporting person in lieu of cash for director compensation for Q3 2026.
Shares granted 879 shares Common stock granted to director on September 15, 2026
Reported value per share $78.91 per share Value used for the Q3 2026 director stock compensation grant
Shares owned after transaction 10,791 shares Director’s direct common stock holdings after the grant
Compensation period Q3 2026 Stock issued in lieu of cash for director compensation
Rule 10b5-1 plan status No Rule 10b5-1 plan reported Form-level 10b5-1 checkbox is not affirmed
in lieu of cash financial
"This stock was issued to the reporting person in lieu of cash"
director compensation financial
"in lieu of cash for director compensation for Q3 2026"
reporting person financial
"This stock was issued to the reporting person in lieu of cash"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Customers Bancorp (CUBB) disclose for Bernard Bennett Banks?

Customers Bancorp disclosed that director Bernard Bennett Banks received a grant of 879 shares of common stock on September 15, 2026 as director compensation for Q3 2026, issued in lieu of cash.

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

The transaction was a stock award, not an open-market purchase. The filing states the stock was issued in lieu of cash for director compensation for Q3 2026.

What price per share is reported for Bernard Bennett Banks’ CUBB stock award?

The Form 4 reports a value of $78.91 per share for the 879 shares of Customers Bancorp common stock granted as Q3 2026 director compensation.

How many Customers Bancorp (CUBB) shares does Bernard Bennett Banks hold after this transaction?

After the September 15, 2026 grant of 879 shares, Bernard Bennett Banks directly holds 10,791 shares of Customers Bancorp common stock, according to the Form 4.

Was the CUBB insider stock award made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, indicating the reported stock award was not made under a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Banks Bernard Bennett

(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)
09/15/2026
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 Stock09/15/202609/15/2026A879(1)A$78.9110,791D
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 Q3 2026.
Remarks:
/s/ Bernard B. Banks by Andrew Sachs Under Power of Attorney09/17/2026
** 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)

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