Customers Bancorp (CUBB) director receives 625-share stock award
Rhea-AI Filing Summary
Gill Mike reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. director Mike Gill received a grant of 625 shares of common stock on March 16, 2026. The shares were valued at $64.72 each and were issued in lieu of cash for director compensation for Q1 2026. After this award, Gill directly holds 1,060 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 625 shares
Net Buy
1 txn
Insider
Gill Mike
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 625 | $64.72 | $40K |
Holdings After Transaction:
Common Stock — 1,060 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 (CUBB) report for Mike Gill?
Customers Bancorp reported that director Mike Gill received 625 shares of common stock as a grant. The award was issued on March 16, 2026, as part of his Q1 2026 director compensation package, increasing his direct holdings to 1,060 shares.
Was the Customers Bancorp (CUBB) Form 4 transaction a market purchase or compensation grant?
The Form 4 transaction was a compensation grant, not a market purchase. Mike Gill received 625 common shares in lieu of cash for Q1 2026 director fees, reflecting routine equity-based compensation rather than an open-market buying decision.
AI-generated analysis. How Rhea-AI works. Not financial advice.