Director Rothermel takes stock in lieu of cash at Customers (CUBI)
Rhea-AI Filing Summary
ROTHERMEL DANIEL K reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp director Daniel K. Rothermel received 625 shares of Common Stock as compensation for Q1 2026, issued in stock instead of cash. The shares were valued at $64.72 each. After this grant, he directly holds 115,176 shares, reflecting routine equity-based director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 625 shares
Net Buy
1 txn
Insider
ROTHERMEL DANIEL K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 625 | $64.72 | $40K |
Holdings After Transaction:
Common Stock — 115,176 shares (Direct)
Footnotes (1)
- F1. This stock was issued to the reporting person in lieu of cash for director compensation for Q1 2026.
FAQ
What insider transaction did Customers Bancorp (CUBI) report for Daniel K. Rothermel?
Customers Bancorp reported that director Daniel K. Rothermel received a grant of 625 shares of Common Stock. The shares were issued as stock-based compensation for Q1 2026 director services, rather than an open-market transaction.
What are Daniel K. Rothermel’s Customers Bancorp holdings after this Form 4 transaction?
After the Q1 2026 stock compensation grant, Daniel K. Rothermel directly holds 115,176 shares of Customers Bancorp Common Stock. This total reflects his position following the 625-share award reported in the Form 4 filing.
Does the Customers Bancorp Form 4 for Daniel K. Rothermel show any stock sales?
The Form 4 reports only an acquisition coded as a grant or award, not a sale. It records 625 shares of Common Stock issued as Q1 2026 director compensation, with no disposals or open-market selling activity disclosed in this filing.
Is Daniel K. Rothermel’s Customers Bancorp stock grant an open-market purchase?
No, the grant is classified as a compensation award, not an open-market purchase. The filing indicates the 625 shares were issued in lieu of cash for Q1 2026 director compensation, making it a routine equity-based payment for board service.
AI-generated analysis. How Rhea-AI works. Not financial advice.