STOCK TITAN

Customers Bancorp (CUBI) director awarded 934 shares as Q1 2026 pay

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

Rhea-AI Filing Summary

Banks Bernard Bennett reported acquisition or exercise transactions in this Form 4 filing.

Customers Bancorp director Banks Bernard Bennett reported receiving a stock grant of 934 shares of common stock. The shares were valued at $64.72 per share and were issued in lieu of cash for his Q1 2026 director compensation. Following this award, he directly holds 9,031 common shares, reflecting routine equity-based compensation rather than an open-market purchase.

Positive

  • None.

Negative

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Insider Banks Bernard Bennett
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 934 $64.72 $60K
Holdings After Transaction: Common Stock — 9,031 shares (Direct)
Footnotes (1)
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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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Banks Bernard Bennett

(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)
03/16/2026
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 03/16/2026 03/16/2026 A 934(1) A $64.72 9,031 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 Q1 2026.
Remarks:
/s/ Bernard B. Banks by Andrew Sachs Under Power of Attorney 03/17/2026
** 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 insider transaction did Customers Bancorp director report for CUBB?

Director Banks Bernard Bennett reported receiving 934 shares of Customers Bancorp common stock. The shares were granted as equity compensation for Q1 2026 director service, rather than bought on the open market, and are valued at $64.72 per share according to the filing.

Was the CUBB insider transaction a stock purchase or compensation grant?

The transaction was a compensation grant, not a purchase. 934 shares of Customers Bancorp common stock were issued to director Banks Bernard Bennett in lieu of cash for his Q1 2026 director compensation, reflecting routine equity-based pay.

How many Customers Bancorp shares did the director receive in this Form 4?

Banks Bernard Bennett received 934 shares of Customers Bancorp common stock. These shares were issued as stock compensation for Q1 2026 director service at a reported value of $64.72 per share, increasing his direct holdings to 9,031 shares after the transaction.

What is the reported value of the CUBB director’s stock grant?

The 934-share stock grant to the Customers Bancorp director was valued at $64.72 per share. This per-share value is disclosed in the Form 4 and is used to quantify the equity portion of his Q1 2026 director compensation in place of cash.

How many Customers Bancorp shares does the director hold after this grant?

After receiving the 934-share grant, Banks Bernard Bennett directly holds 9,031 shares of Customers Bancorp common stock. This total reflects his position immediately following the Q1 2026 equity compensation award reported in the Form 4 filing.

Does the CUBB Form 4 indicate any stock sales by the director?

The Form 4 does not report any stock sales by the director. It shows a single acquisition transaction classified as a grant or award, where 934 shares were issued in lieu of cash compensation for Q1 2026 director service, increasing his direct holdings.