Customers Bancorp director receives stock grant

Banks Bernard Bennett reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 881 shares

Grant/Award 1 txn

Insider Banks Bernard Bennett

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	881	$78.21	$69K

Holdings After Transaction: Common Stock — 9,912 shares (Direct)

Footnotes (1)

1. F1. This stock was issued to the reporting person in lieu of cash for director compensation for Q2 2026.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Customers Bancorp (CUBB) shares does Bernard Bennett Banks hold after this grant?

After receiving the 881-share compensation grant, Bernard Bennett Banks holds 9,912 shares of Customers Bancorp Common Stock directly. This total reflects his updated direct ownership position immediately following the Q2 2026 stock-based director compensation.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/16/2026 - 03:54 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Banks Bernard Bennett

(Last) (First) (Middle)

701 READING AVENUE

(Street)

WEST READING PENNSYLVANIA 19611

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc. [ CUBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/15/2026	06/15/2026	A		881(1)	A	$78.21	9,912	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This stock was issued to the reporting person in lieu of cash for director compensation for Q2 2026.

Remarks:

	/s/ Bernard B. Banks by Andrew Sachs Under Power of Attorney	06/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)