Customers Bancorp director receives stock grant
Zuckerman Steven J reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Zuckerman Steven J reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp director Steven J. Zuckerman reported a stock grant of 958 shares of common stock at $78.21 per share. The shares were issued in lieu of cash for his Q2 2026 director compensation, increasing his direct holdings to 73,648 shares of Customers Bancorp common stock.
He also reported indirect holdings of 218,254 shares held in the Steven J. Zuckerman Revocable Trust and 6,815 shares held in the Victoria H. Zuckerman 2006 Multigenerational Trust, where he serves as investment advisor and disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
Grant/Award: 958 shares
Grant/Award
3 txns
Insider
Zuckerman Steven J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 958 | $78.21 | $75K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 73,648 shares (Direct);
Common Stock — 225,069 shares (Indirect, Trust)
Footnotes (3)
- F1. This stock was issued to the reporting person in lieu of cash for director compensation for Q2 2026.
- F2. Steven J. Zuckerman Revocable Trust.
- F3. The reporting person has been appointed as investment advisor for the Victoria H. Zuckerman 2006 Multigenerational Trust u/a/d 8/21/06. The reporting person and members of his immediate family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the CUBI common stock held by the trust except to the extent of his pecuniary interest therein.
Key Figures
Stock grant: 958 shares
Grant price: $78.21 per share
Direct holdings after grant: 73,648 shares
+2 more
5 metrics
Stock grant
958 shares
Common stock issued in lieu of Q2 2026 director cash compensation
Grant price
$78.21 per share
Value per share for 958-share director stock grant
Direct holdings after grant
73,648 shares
Customers Bancorp common stock directly held by Zuckerman after transaction
Revocable trust holdings
218,254 shares
Customers Bancorp shares held in Steven J. Zuckerman Revocable Trust
Multigenerational trust holdings
6,815 shares
Customers Bancorp shares held in Victoria H. Zuckerman 2006 Multigenerational Trust
Key Terms
Revocable Trust, investment advisor, beneficial ownership, pecuniary interest
4 terms
Revocable Trust financial
"Steven J. Zuckerman Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
investment advisor financial
"The reporting person has been appointed as investment advisor for the Victoria H. Zuckerman 2006 Multigenerational Trust"
An investment advisor is a person or firm that provides personalized guidance on buying, selling and managing investments and often oversees client portfolios for a fee. For investors this matters because the advisor shapes risk, costs and long-term returns, and is typically required by law to act in the client’s best interests — think of them as a financial coach or GPS that helps navigate choices and avoid costly detours.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the CUBI common stock held by the trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Steven J. Zuckerman report for Customers Bancorp (CUBI)?
Steven J. Zuckerman reported receiving 958 shares of Customers Bancorp common stock as a stock grant. The shares were issued at $78.21 per share in lieu of cash for his Q2 2026 director compensation, reflecting routine equity-based board remuneration.
What were the terms of the Q2 2026 stock compensation to Customers Bancorp director Zuckerman?
For Q2 2026, Customers Bancorp issued Zuckerman 958 shares of common stock instead of paying cash director fees. The shares were valued at $78.21 per share, representing a grant or award categorized as a non-derivative acquisition under transaction code A.
Does the Form 4 show any open-market buying or selling of Customers Bancorp stock?
The Form 4 shows a grant of 958 shares of common stock and updates to trust-related holdings, rather than open-market purchases or sales. The acquisition is classified as a grant or award, aligning with equity compensation instead of discretionary trading activity in the market.
How is Zuckerman’s relationship to the Victoria H. Zuckerman 2006 Trust described?
He is identified as investment advisor to the Victoria H. Zuckerman 2006 Multigenerational Trust, with his family among the beneficiaries. The filing states he disclaims beneficial ownership of the Customers Bancorp shares held by this trust except for any pecuniary interest he may have.
AI-generated analysis. How Rhea-AI works. Not financial advice.
