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Customers Bancorp Director Granted 625 Shares as Q3 2025 Compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Daniel K. Rothermel, a director of Customers Bancorp, received 625 shares of Common Stock on 09/15/2025 as director compensation in lieu of cash for Q3 2025 at an indicated price of $67.85 per share. After the issuance, the reporting person beneficially owned 113,926 shares. The Form 4 was signed on 09/25/2025 by Andrew Sachs under power of attorney for Mr. Rothermel. The filing reports a routine equity award to a director and shows the change in beneficial ownership.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Director received routine equity-based compensation; ownership increased modestly, consistent with standard governance practices.

The filing documents a non-derivative issuance of 625 Common Stock shares to a director as compensation in lieu of cash. The transaction is routine for director pay and increases insider alignment with shareholders without indicating any extraordinary corporate action. The post-transaction beneficial ownership of 113,926 shares is disclosed; no pledging, option exercises, or dispositions are reported. Signature by power of attorney is properly noted.

TL;DR: Small, scheduled issuance of shares to a director; immaterial to overall capital structure based on disclosed numbers.

The item shows a single acquisition code "A" for 625 shares at $67.85, recorded 09/15/2025. Such in-lieu-of-cash stock awards are typical and represent compensation expense rather than a capital-raising event. The disclosed resulting ownership provides transparency on insider holdings. There is no indication of sales or other transactions that would signal insider liquidity or change in control.

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).
1. Name and Address of Reporting Person*
ROTHERMEL DANIEL K

(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)
09/15/2025
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 09/15/2025 09/15/2025 A 625(1) A $67.85 113,926 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 Q3 2025.
Remarks:
/s/ Daniel K. Rothermel by Andrew Sachs Under Power of Attorney 09/25/2025
** 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 shares did Daniel K. Rothermel acquire according to the Form 4 for CUBB?

The filing shows Mr. Rothermel acquired 625 shares of Common Stock on 09/15/2025.

At what price were the shares issued to the director in the CUBB Form 4?

The shares are reported at an indicated price of $67.85 per share.

How many shares does the reporting person beneficially own after the reported transaction?

Following the transaction, the reporting person beneficially owned 113,926 shares.

Why were the shares issued to Daniel K. Rothermel according to the filing?

The filing states the stock was issued to the reporting person in lieu of cash for director compensation for Q3 2025.

When was the Form 4 signed and by whom for the CUBB filing?

The Form 4 is signed 09/25/2025 by Andrew Sachs under power of attorney for Daniel K. Rothermel.
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