Customers Bancorp director granted 847 shares
A Customers Bancorp director received 847 shares as Q3 2026 board compensation instead of cash, increasing his direct holdings.
Rhea-AI Filing Summary
Customers Bancorp, Inc. (CUBB) reported that director T. Lawrence Way acquired 847 shares of common stock on September 15, 2026, as a grant/award valued at $78.91 per share. The stock was issued in lieu of cash for director compensation for Q3 2026, bringing his direct holdings to 127,409 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 847 shares
Grant/Award
1 txn
Insider
Way T Lawrence
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 847 | $78.91 | $67K |
Holdings After Transaction:
Common Stock — 127,409 shares (Direct)
Footnotes (1)
- F1. This stock was issued to the reporting person in lieu of cash for director compensation for Q3 2026.
Key Figures
Shares acquired: 847 shares
Grant value per share: $78.91 per share
Shares owned after transaction: 127,409 shares
3 metrics
Shares acquired
847 shares
Common stock grant on September 15, 2026
Grant value per share
$78.91 per share
Value used for the director stock compensation award
Shares owned after transaction
127,409 shares
Direct holdings of T. Lawrence Way after the award
Key Terms
grant, award, or other acquisition, in lieu of cash, director compensation
3 terms
grant, award, or other acquisition financial
"The transaction is described as a grant, award, or other acquisition"
in lieu of cash financial
"This stock was issued to the reporting person in lieu of cash"
director compensation financial
"issued to the reporting person in lieu of cash for director compensation"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction in CUBB stock did director T. Lawrence Way report?
Director T. Lawrence Way reported acquiring 847 shares of Customers Bancorp common stock on September 15, 2026 as a grant or award. The shares were issued in lieu of cash for his Q3 2026 director compensation.
At what price was the Customers Bancorp (CUBB) stock grant valued?
The 847-share stock grant to director T. Lawrence Way was valued at $78.91 per share. This value is used in the Form 4 to report the acquisition of the common stock award.
Was the recent CUBB Form 4 transaction a market purchase or a compensation award?
The Form 4 reports a compensation award, not a market purchase. The 847 shares of Customers Bancorp common stock were issued to T. Lawrence Way in lieu of cash for Q3 2026 director compensation.
Was the Customers Bancorp (CUBB) Form 4 transaction made under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, so the reported stock grant to T. Lawrence Way is not identified as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.