Customers Bancorp (CUBI) director granted 760 shares for Q1 2026 pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sirmans Dalton Talley reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp director Dalton Talley Sirmans received additional stock compensation. He was granted 760 shares of common stock valued at $64.72 per share for his Q1 2026 director compensation, issued in stock instead of cash. Following this award, he directly holds 2,023 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sirmans Dalton Talley
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 760 | $64.72 | $49K |
Holdings After Transaction:
Common Stock — 2,023 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Customers Bancorp (CUBI) report for Dalton Talley Sirmans?
Customers Bancorp reported that director Dalton Talley Sirmans received 760 shares of common stock as compensation. The shares were issued in lieu of cash for his Q1 2026 director fees, reflecting a stock-based form of board compensation.
Was the CUBI insider transaction a market purchase or a stock grant?
The CUBI insider transaction was a stock grant, not a market purchase. Dalton Talley Sirmans received 760 shares as a grant in lieu of cash for Q1 2026 director compensation, classified as a grant, award, or other acquisition.
At what value was the Customers Bancorp stock grant to Dalton Talley Sirmans recorded?
The 760-share stock grant to Dalton Talley Sirmans was recorded at $64.72 per share. This value reflects the price used for the compensation award in lieu of cash for his Q1 2026 director service.
Why did Customers Bancorp issue stock instead of cash to its director in Q1 2026?
Customers Bancorp issued stock instead of cash to its director as part of board compensation. The footnote states the 760 shares were issued to Dalton Talley Sirmans in lieu of cash for his Q1 2026 director compensation, reflecting equity-based pay.