Customers Bancorp Director Granted 625 Shares as Q3 2025 Compensation
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 625 | $67.85 | $42K |
Footnotes (1)
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