Customers Bancorp (CUBB) director granted 895 common shares for Q1 2026 pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krasne Robert Morris reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. director Robert Morris Krasne received an award of 895 shares of common stock on March 16, 2026. The shares were issued in lieu of cash as compensation for his Q1 2026 board service, rather than being purchased on the open market.
Following this stock grant, Krasne directly holds a total of 1,612 shares of Customers Bancorp common stock. This filing reflects routine equity-based director compensation rather than a discretionary insider share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Krasne Robert Morris
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 895 | $64.72 | $58K |
Holdings After Transaction:
Common Stock — 1,612 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Customers Bancorp (CUBB) report for Robert Morris Krasne?
Customers Bancorp reported that director Robert Morris Krasne received 895 shares of common stock as a stock award. The shares were issued as compensation for his Q1 2026 board service, instead of paying this portion of his director fees in cash.
Was the Customers Bancorp (CUBB) Form 4 a stock purchase or a grant?
The Form 4 reflects a stock grant, not an open-market purchase. Krasne received 895 shares of common stock as a compensation award for Q1 2026 director service, with the transaction coded as an acquisition due to a grant or award, rather than a cash-funded trade.
What was the reference price for the Customers Bancorp (CUBB) director stock award?
The 895 awarded shares were valued using a reference price of $64.72 per share. This price is typically based on the market value around the grant date and is used for reporting and compensation accounting, not as an indication of a trade execution price.
Why did Customers Bancorp (CUBB) issue stock instead of cash for Q1 2026 director compensation?
For Q1 2026, Customers Bancorp compensated director Robert Morris Krasne partly in stock rather than cash. The filing states that 895 shares of common stock were issued in lieu of cash, reflecting a routine equity-based component of director compensation for that quarter.