Customers Bancorp director receives 879-share grant
Customers Bancorp director Bernard Bennett Banks received stock in place of cash fees for Q3 2026, modestly increasing his common share holdings.
Rhea-AI Filing Summary
Customers Bancorp, Inc. (symbol: CUBB) is the issuer of record for a Form 4 filing submitted to the SEC. Banks Bernard Bennett reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. (symbol CUBB) reported that director Bernard Bennett Banks received a grant of 879 shares of common stock on September 15, 2026. The shares were issued in lieu of cash for director compensation for Q3 2026, and his direct holdings increased to 10,791 shares.
No Rule 10b5-1 trading plan is reported for this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 879 | $78.91 | $69K |
Footnotes (1)
- F1. This stock was issued to the reporting person in lieu of cash for director compensation for Q3 2026.
Key Figures
Key Terms
in lieu of cash financial
director compensation financial
reporting person financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Customers Bancorp (CUBB) disclose for Bernard Bennett Banks?
Was the Customers Bancorp (CUBB) Form 4 transaction a market purchase or a stock award?
Was the CUBB insider stock award made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.