Customers Bancorp (CUBB) director granted 881 shares as Q2 2026 pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Banks Bernard Bennett reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. director Bernard Bennett Banks received a grant of 881 shares of Common Stock as compensation for Q2 2026, issued in lieu of cash. The shares were valued at $78.21 per share for reporting purposes. Following this award, he directly holds 9,912 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Banks Bernard Bennett
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 881 | $78.21 | $69K |
Holdings After Transaction:
Common Stock — 9,912 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 881 shares
Reported grant price: $78.21 per share
Post-transaction holdings: 9,912 shares
3 metrics
Shares granted
881 shares
Common Stock grant for Q2 2026 director compensation
Reported grant price
$78.21 per share
Value used for the 881-share director stock grant
Post-transaction holdings
9,912 shares
Director Bernard Bennett Banks’ direct Common Stock holdings after grant
Key Terms
Common Stock, director compensation, Form 4
3 terms
Common Stock financial
"received a grant of 881 shares of Common Stock as compensation"
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.
director compensation financial
"issued to the reporting person in lieu of cash for director compensation for Q2 2026"
Form 4 regulatory
"The Form 4 shows a grant of 881 shares to director Bernard Bennett Banks"
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.
FAQ
What insider transaction did Customers Bancorp (CUBB) report for Bernard Bennett Banks?
Customers Bancorp reported that director Bernard Bennett Banks received 881 shares of Common Stock as a grant. These shares were issued in lieu of cash for Q2 2026 director compensation, reflecting stock-based payment rather than an open-market purchase.
Was the Customers Bancorp (CUBB) Form 4 transaction an open-market stock purchase?
No. The Form 4 shows a grant of 881 shares to director Bernard Bennett Banks as compensation. A footnote explains the stock was issued instead of cash for Q2 2026 director fees, not bought on the open market.
At what price was the Customers Bancorp (CUBB) compensation stock reported?
The 881 compensation shares for director Bernard Bennett Banks were reported at $78.21 per share. This price is used for Form 4 reporting and helps quantify the value of the stock-based director compensation for Q2 2026.
What does transaction code "A" mean in the Customers Bancorp (CUBB) Form 4?
Transaction code "A" on this Form 4 indicates a grant, award, or other acquisition of shares. In this case, 881 Customers Bancorp Common Stock shares were granted to director Bernard Bennett Banks as Q2 2026 director compensation instead of a cash payment.