Customers Bancorp director awarded 847 shares
A Customers Bancorp director received common stock in lieu of cash as Q3 2026 board compensation, modestly increasing his direct holdings.
Rhea-AI Filing Summary
Customers Bancorp, Inc. (CUBB) reported that director Robert J. Buford acquired 847 shares of common stock on September 15, 2026 as a grant/award. A footnote states the stock was issued in lieu of cash for director compensation for Q3 2026. Following this award, he directly holds 25,320 shares of common stock. No transactions were made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 847 shares
Grant/Award
1 txn
Insider
BUFORD ROBERT J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 847 | $78.91 | $67K |
Holdings After Transaction:
Common Stock — 25,320 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 acquired: 847 shares
Transaction price per share: $78.91 per share
Shares owned after transaction: 25,320 shares
+2 more
5 metrics
Shares acquired
847 shares
Stock grant to director on September 15, 2026
Transaction price per share
$78.91 per share
Value assigned to the Q3 2026 director stock compensation grant
Shares owned after transaction
25,320 shares
Director Robert J. Buford’s direct holdings following the award
Quarter of compensation
Q3 2026
Period for which stock was issued instead of cash
Rule 10b5-1 plan status
No Rule 10b5-1 plan reported
Form-level checkbox for trading plan applicability
Key Terms
director compensation, in lieu of cash, Form 4, Rule 10b5-1 trading plan
4 terms
director compensation financial
"issued to the reporting person in lieu of cash for director compensation for Q3 2026"
in lieu of cash financial
"stock was issued to the reporting person in lieu of cash for director compensation"
Form 4 regulatory
"What insider transaction did Customers Bancorp (CUBB) disclose on this 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.
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan applied to this transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Customers Bancorp (CUBB) disclose on this Form 4?
The filing reports that director Robert J. Buford received a grant of 847 shares of Customers Bancorp common stock on September 15, 2026 as a stock award, increasing his direct holdings.
Was the CUBB insider transaction a market purchase or a stock award?
It was a stock award, not a market purchase. The 847 shares of Customers Bancorp common stock were issued in lieu of cash for director compensation for Q3 2026.
Was the Customers Bancorp (CUBB) Form 4 transaction made under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan applied to this transaction; the related checkbox is not affirmed.
What role does the reporting person hold at Customers Bancorp (CUBB)?
The reporting person, Robert J. Buford, is identified as a director of Customers Bancorp, Inc. and received the stock award as director compensation for Q3 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.