Customers Bancorp (CUBI) CFO granted new restricted stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCCOLLOM MARK R reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. Chief Financial Officer Mark R. McCollom reported two compensation-related stock awards. On March 13, he received 2,371 shares of common stock as a grant at a reference price of $64.72 per share. On April 8, he received an additional 2,711-share grant at $73.80 per share, bringing his directly held restricted stock units to 5,082. One grant was contingent on shareholder approval of an amendment to the 2019 Stock Incentive Plan, which was obtained on May 26, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MCCOLLOM MARK R
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,711 | $73.80 | $200K |
| Grant/Award | Common Stock | 2,371 | $64.72 | $153K |
Holdings After Transaction:
Common Stock — 5,082 shares (Direct, null)
Footnotes (1)
- Grant of Restricted Stock Units was contingent upon shareholder approval of an amendment to the Issuer's 2019 Stock Incentive Plan, which approval was obtained on May 26, 2026. Includes 2,371 Restricted Stock Units. Includes 5,082 Restricted Stock Units.
Key Figures
March 13 RSU grant: 2,371 shares at $64.72
April 8 RSU grant: 2,711 shares at $73.80
Holdings after April grant: 5,082 restricted stock units
+1 more
4 metrics
March 13 RSU grant
2,371 shares at $64.72
Restricted stock unit award on March 13, 2026
April 8 RSU grant
2,711 shares at $73.80
Restricted stock unit award on April 8, 2026
Holdings after April grant
5,082 restricted stock units
Directly held following April 8, 2026 award
Shareholder approval date
May 26, 2026
Approval of amendment to 2019 Stock Incentive Plan
Key Terms
Restricted Stock Units, 2019 Stock Incentive Plan, grant/award acquisition
3 terms
Restricted Stock Units financial
"Grant of Restricted Stock Units was contingent upon shareholder approval"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2019 Stock Incentive Plan financial
"amendment to the Issuer's 2019 Stock Incentive Plan"
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What insider transactions were reported for Customers Bancorp (CUBB) in this Form 4?
The Form 4 reports two stock grants to CFO Mark R. McCollom. He received 2,371 common shares on March 13 and 2,711 shares on April 8 as compensation-related awards, increasing his directly held restricted stock units to 5,082.
Were the Customers Bancorp (CUBB) insider transactions open-market buys or compensation grants?
These were compensation grants, not open-market purchases. Both transactions are coded as awards, meaning McCollom received shares as part of his compensation package rather than buying them in the market, which typically carries a different signaling value for investors.
At what prices were the Customers Bancorp (CUBB) stock awards valued in the Form 4?
The March 13 grant of 2,371 shares used a reference price of $64.72 per share, while the April 8 grant of 2,711 shares used $73.80 per share. These values reflect the grant-date prices disclosed, not cash transactions in the open market.