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.