Director receives 385 Customers Bancorp (CUBB) shares as Q2 fee
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Customers Bancorp director Daniel K. Rothermel received a grant of 385 shares of Common Stock. The shares were valued at $78.21 per share and were issued in lieu of cash for his director compensation for Q2 2026.
After this stock award, he directly holds 115,561 shares. This is a routine, compensation-related acquisition rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROTHERMEL DANIEL K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 385 | $78.21 | $30K |
Holdings After Transaction:
Common Stock — 115,561 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock grant: 385 shares
Grant price: $78.21 per share
Post-transaction holdings: 115,561 shares
3 metrics
Stock grant
385 shares
Common Stock awarded as Q2 2026 director compensation
Grant price
$78.21 per share
Value used for the director stock compensation grant
Post-transaction holdings
115,561 shares
Total Common Stock directly owned after the award
Key Terms
Grant, award, or other acquisition, director compensation, in lieu of cash, Common Stock
4 terms
Grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition""
director compensation financial
"issued to the reporting person in lieu of cash for director compensation"
in lieu of cash financial
"stock was issued to the reporting person in lieu of cash"
Common Stock financial
"security title is listed as Common Stock in the transaction"
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.
FAQ
What insider transaction did Daniel K. Rothermel report at Customers Bancorp (CUBB)?
Director Daniel K. Rothermel reported receiving 385 shares of Customers Bancorp Common Stock as a grant. The shares were issued as part of his Q2 2026 director compensation, taken in stock rather than cash, and are classified as a routine award acquisition.
What are Daniel K. Rothermel’s Customers Bancorp holdings after this Form 4 transaction?
Following the grant, Daniel K. Rothermel directly holds 115,561 shares of Customers Bancorp Common Stock. The 385-share award modestly increases his existing position and represents compensation for his service as a director for the second quarter of 2026.
Was Daniel K. Rothermel’s Customers Bancorp transaction a market buy or compensation grant?
The transaction was a compensation-related grant, not a market purchase. The Form 4 identifies it as a “Grant, award, or other acquisition,” and the footnote explains the stock was issued in lieu of cash for Q2 2026 director compensation.
What does the Q2 2026 director compensation footnote say in Daniel Rothermel’s Form 4?
The footnote explains that the reported stock was issued to Daniel K. Rothermel in lieu of cash for director compensation for Q2 2026. This clarifies the award is part of routine board remuneration rather than a discretionary trading decision in the open market.