Customers Bancorp director awarded 625 shares
A Customers Bancorp director received common stock instead of cash as third-quarter 2026 board compensation.
Rhea-AI Filing Summary
Customers Bancorp, Inc. (symbol: CUBB) is the issuer of record for a Form 4 filing submitted to the SEC. Looney Susan Dianne reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. (symbol CUBB) reported that director Susan Dianne Looney received an award of 625 shares of common stock on September 15, 2026. The stock was issued in lieu of cash for director compensation for the third quarter of 2026, bringing her direct holdings to 2,393 shares.
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Negative
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Insider Trade Summary
Grant/Award: 625 shares
Grant/Award
1 txn
Insider
Looney Susan Dianne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 625 | $78.91 | $49K |
Holdings After Transaction:
Common Stock — 2,393 shares (Direct)
Footnotes (1)
- F1. This stock was issued to the reporting person in lieu of cash for director compensation for Q3 2026.
Key Figures
Shares awarded: 625 shares
Award value per share: $78.91 per share
Shares held after transaction: 2,393 shares
3 metrics
Shares awarded
625 shares
Common stock grant to director Susan Dianne Looney on September 15, 2026
Award value per share
$78.91 per share
Value used for Q3 2026 director stock compensation in lieu of cash
Shares held after transaction
2,393 shares
Susan Dianne Looney’s direct holdings of Customers Bancorp common stock after the award
Key Terms
Form 4, director compensation, in lieu of cash
3 terms
Form 4 regulatory
"reported in a Form 4 insider ownership filing for Customers Bancorp"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
director compensation financial
"issued to the reporting person in lieu of cash for director compensation"
in lieu of cash financial
"stock was issued to the reporting person in lieu of cash"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Customers Bancorp (CUBB) report for Susan Dianne Looney?
Customers Bancorp reported that director Susan Dianne Looney acquired 625 shares of common stock on September 15, 2026 as a grant or award related to her director compensation for the third quarter of 2026.
Was the Customers Bancorp (CUBB) Form 4 transaction a market purchase or a compensation award?
The transaction was a compensation award, not a market purchase. The filing states the stock was issued to Susan Dianne Looney in lieu of cash for her director compensation for the third quarter of 2026.
Did the Form 4 indicate use of a Rule 10b5-1 trading plan for this CUBB transaction?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirming plan, and the footnote describes the shares as issued in lieu of cash compensation, indicating a compensation award rather than trading under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.