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Customers Bancorp (CUBB) director receives 625-share stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gill Mike reported acquisition or exercise transactions in this Form 4 filing.

Customers Bancorp, Inc. director Mike Gill received a grant of 625 shares of common stock on March 16, 2026. The shares were valued at $64.72 each and were issued in lieu of cash for director compensation for Q1 2026. After this award, Gill directly holds 1,060 common shares.

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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*
Gill Mike

(Last) (First) (Middle)
701 READING AVENUE

(Street)
WEST READING PA 19611

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/16/2026 03/16/2026 A 625(1) A $64.72 1,060 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 Q1 2026.
Remarks:
/s/ Mike Gill by Andrew Sachs Under Power of Attorney 03/17/2026
** 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.

FAQ

What insider transaction did Customers Bancorp (CUBB) report for Mike Gill?

Customers Bancorp reported that director Mike Gill received 625 shares of common stock as a grant. The award was issued on March 16, 2026, as part of his Q1 2026 director compensation package, increasing his direct holdings to 1,060 shares.

Was the Customers Bancorp (CUBB) Form 4 transaction a market purchase or compensation grant?

The Form 4 transaction was a compensation grant, not a market purchase. Mike Gill received 625 common shares in lieu of cash for Q1 2026 director fees, reflecting routine equity-based compensation rather than an open-market buying decision.

At what price was Mike Gill’s Customers Bancorp (CUBB) share grant valued?

Mike Gill’s 625-share grant of Customers Bancorp common stock was valued at $64.72 per share. This valuation amount is reported in the Form 4 and represents the per-share price used to determine the equity portion of his director compensation.

How many Customers Bancorp (CUBB) shares does Mike Gill hold after this Form 4?

Following the reported grant, Mike Gill directly holds 1,060 shares of Customers Bancorp common stock. The 625-share award increased his existing position, as disclosed in the Form 4’s post-transaction ownership figure for his direct holdings.

Why did Customers Bancorp (CUBB) issue shares instead of cash to Mike Gill?

Customers Bancorp issued 625 shares to Mike Gill in lieu of cash for Q1 2026 director compensation. The footnote explains this equity award substituted for cash fees, aligning part of his compensation with the company’s stock performance.
Customers Bancorp Inc

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