Customers Bancorp (CUBB) Chief Risk Officer granted 3,941 share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Customers Bancorp Chief Risk Officer Nicholas John Robinson received a grant of 3,941 shares of Common Stock as a compensation award. The award was contingent on shareholder approval of an amendment to the company’s 2019 Stock Incentive Plan, which was obtained on May 26, 2026.
After this grant, Robinson directly holds 13,714 shares of Common Stock, including 11,633 Restricted Stock Units. This Form 4 reflects a non-market, grant/award acquisition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robinson Nicholas John
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,941 | $64.72 | $255K |
Holdings After Transaction:
Common Stock — 13,714 shares (Direct, null)
Footnotes (1)
- Grant of Restricted Stock Units was contingent upon shareholder approval of an amendment to the Issuer's 2019 Stock Incentive Plan, which approval was obtained on May 26, 2026. Includes 11,633 Restricted Stock Units.
Key Figures
Equity grant size: 3,941 shares
Grant price: $64.72 per share
Post-grant holdings: 13,714 shares
+2 more
5 metrics
Equity grant size
3,941 shares
Grant of Common Stock reported on Form 4
Grant price
$64.72 per share
Reported value for the 3,941-share award
Post-grant holdings
13,714 shares
Total Common Stock directly held after the grant
Restricted Stock Units included
11,633 RSUs
Portion of post-grant holdings in RSUs
Shareholder approval date
May 26, 2026
Approval of amendment to 2019 Stock Incentive Plan
Key Terms
Restricted Stock Units, 2019 Stock Incentive Plan, Chief Risk Officer, Form 4
4 terms
Restricted Stock Units financial
"Includes 11,633 Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2019 Stock Incentive Plan financial
"amendment to the Issuer's 2019 Stock Incentive Plan"
Chief Risk Officer financial
"officer_title": "Chief Risk Officer""
The chief risk officer is the senior executive responsible for identifying, measuring and reducing the major threats that could hurt a company’s finances or reputation, acting like a navigator who watches for storms and steers the business away from them. Investors care because effective risk oversight lowers the chance of surprise losses, legal fines or operational failures, which helps protect shareholder value and makes a company more predictable and trustworthy.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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 did the Form 4 for Customers Bancorp (CUBB) report for Nicholas John Robinson?
The Form 4 reports that Chief Risk Officer Nicholas John Robinson received a grant of 3,941 shares of Common Stock as a compensation award. This is a non-market acquisition under the company’s equity plan rather than an open-market stock purchase.
Is Nicholas John Robinson’s transaction in Customers Bancorp (CUBB) an open-market buy or sell?
The transaction is not an open-market buy or sell. It is coded as a grant or award acquisition of 3,941 shares of Common Stock, reflecting equity compensation under the 2019 Stock Incentive Plan rather than a discretionary market trade.
What conditions were tied to Nicholas John Robinson’s equity grant at Customers Bancorp (CUBB)?
The grant of Restricted Stock Units was contingent on shareholder approval of an amendment to Customers Bancorp’s 2019 Stock Incentive Plan. According to the disclosure, this shareholder approval was obtained on May 26, 2026, satisfying the condition for the award.
What role does Nicholas John Robinson hold at Customers Bancorp (CUBB)?
Nicholas John Robinson serves as Chief Risk Officer at Customers Bancorp. His Form 4 filing details an equity compensation grant of 3,941 shares of Common Stock, illustrating part of his total direct share-based stake in the company.