Customers Bancorp (NYSE: CUBI) director paid Q2 2026 fees in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mackay Robert Neil reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp director Robert Neil Mackay received 522 shares of Common Stock as compensation, not a market purchase. The shares were issued in lieu of cash for his Q2 2026 director fees at a value of $78.21 per share, bringing his direct holdings to 10,335 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mackay Robert Neil
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 522 | $78.21 | $41K |
Holdings After Transaction:
Common Stock — 10,335 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 522 shares
Grant valuation price: $78.21 per share
Shares held after grant: 10,335 shares
3 metrics
Director stock grant
522 shares
Common Stock granted as Q2 2026 director compensation
Grant valuation price
$78.21 per share
Value used for Q2 2026 director stock compensation
Shares held after grant
10,335 shares
Total direct Common Stock holdings after Q2 2026 grant
Key Terms
Grant, award, or other acquisition, director compensation, Common Stock
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
director compensation financial
"issued to the reporting person in lieu of cash for director compensation for Q2 2026"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Customers Bancorp (CUBI) director Robert Neil Mackay report?
Director Robert Neil Mackay reported receiving 522 shares of Customers Bancorp Common Stock. The shares were granted as part of his Q2 2026 director compensation, issued instead of paying that portion of his fees in cash.
Was the Customers Bancorp (CUBI) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant, not an open-market purchase. The 522 shares were issued to Mackay as stock in lieu of cash for Q2 2026 director compensation, categorized as a grant, award, or other acquisition.
Why did Customers Bancorp issue stock to director Robert Neil Mackay for Q2 2026?
Customers Bancorp issued stock to Mackay in lieu of cash for Q2 2026 director compensation. This means part of his board fees was paid in 522 Common Stock shares instead of a cash payment for that quarter.