STOCK TITAN

Director Rothermel takes stock in lieu of cash at Customers (CUBI)

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

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 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)
  1. [object Object]
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*
ROTHERMEL DANIEL K

(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 625(1) A $64.72 115,176 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/ Daniel K. Rothermel 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 (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.

How many Customers Bancorp shares were granted to director Rothermel and at what value?

Director Daniel K. Rothermel was granted 625 shares of Customers Bancorp Common Stock. The filing shows the shares valued at $64.72 each, representing stock compensation in place of cash for his Q1 2026 director fees.

Why did Customers Bancorp issue shares to Daniel K. Rothermel instead of cash?

The filing states the stock was issued in lieu of cash for Q1 2026 director compensation. This means Rothermel received his quarterly board compensation in shares of Common Stock rather than receiving a cash payment.

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.