Customers Bancorp (NYSE: CUBB) director gets 953-share stock award
Filing Impact
Filing Sentiment
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 received 953 shares of Common Stock as a stock award valued at $64.72 per share. The shares were issued in lieu of cash for his director compensation for Q1 2026, so this is a compensation-related, non-market transaction.
After this award, he directly holds 72,690 shares. He also has indirect interests in 6,815 shares held by the Steven J. Zuckerman Revocable Trust and 218,254 shares held by the Victoria H. Zuckerman 2006 Multigenerational Trust, for which he serves as investment advisor and disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Zuckerman Steven J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 953 | $64.72 | $62K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 72,690 shares (Direct);
Common Stock — 6,815 shares (Indirect, Trust)
Footnotes (1)
- This stock was issued to the reporting person in lieu of cash for director compensation for Q1 2026. Steven J. Zuckerman Revocable Trust. 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.
FAQ
What insider transaction did Steven J. Zuckerman report at Customers Bancorp (CUBB)?
Steven J. Zuckerman reported receiving 953 shares of Customers Bancorp Common Stock as a stock award. The shares were granted in lieu of cash for his Q1 2026 director compensation, making this a routine compensation-related acquisition rather than an open-market trade.
At what price was the Customers Bancorp (CUBB) stock award to Steven J. Zuckerman valued?
The 953-share stock award to Steven J. Zuckerman was valued at $64.72 per share. This value is used for compensation purposes and does not represent an open-market purchase, but rather shares issued instead of a cash retainer for his board service in Q1 2026.
What indirect Customers Bancorp (CUBB) holdings are associated with Steven J. Zuckerman?
In addition to his direct shares, Zuckerman is linked to 6,815 shares in the Steven J. Zuckerman Revocable Trust and 218,254 shares in the Victoria H. Zuckerman 2006 Multigenerational Trust. He serves as investment advisor to the latter and disclaims beneficial ownership except for his pecuniary interest.