Form 4: Customers Bancorp Director Steven Zuckerman Acquires Shares as Q2 2025 Compensation

Customers Bancorp, Inc. Director Steven J. Zuckerman acquired 1,047 shares of common stock valued at $50.35 per share as compensation for the second quarter of 2025.

Summary

• Steven J. Zuckerman, a Director of Customers Bancorp, Inc. (CUBI), acquired 1,047 shares of common stock.
• The transaction occurred on June 16, 2025, with each share valued at $50.35.
• The shares were issued to Mr. Zuckerman in lieu of cash for his director compensation for the second quarter of 2025.
• Following this transaction, Mr. Zuckerman directly beneficially owns 70,380 shares of Common Stock.
• He also indirectly beneficially owns 6,815 shares through the Steven J. Zuckerman Revocable Trust.
• Additionally, he indirectly beneficially owns 218,254 shares through the Victoria H. Zuckerman 2006 Multigenerational Trust, for which he is an investment advisor, disclaiming beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: Slightly positive, as a director choosing to receive stock compensation indicates confidence in the company's future, aligning their interests with shareholders. However, it's a routine transaction and not indicative of major news.

Positives

• A director opting to receive compensation in company stock rather than cash can signal confidence in the company's future performance and alignment with shareholder interests.

Future Outlook

This document, an SEC Form 4, reports a past transaction and does not provide forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This transaction is a routine insider filing common in the financial services industry, where directors and executives often receive a portion of their compensation in company stock to align their interests with shareholders. It reflects standard corporate governance practices for publicly traded banks like Customers Bancorp.

Comparison to Industry Standards

• The practice of compensating directors with company stock is a common industry standard across publicly traded companies, including those in the banking sector. This aligns director incentives with long-term shareholder value.
• The use of a Rule 10b5-1 plan, as indicated by the checked box, is also a standard practice for insiders to pre-arrange stock transactions, providing an affirmative defense against insider trading allegations and promoting transparency.

Corporate Governance

Related Party Transactions

• Steven J. Zuckerman Revocable Trust: Indirect beneficial ownership of 6,815 shares.
• Victoria H. Zuckerman 2006 Multigenerational Trust u/a/d 8/21/06: Indirect beneficial ownership of 218,254 shares, where the reporting person is an investment advisor and a beneficiary, disclaiming beneficial ownership except for pecuniary interest.

Stakeholder Impact

• Shareholders: The director's decision to accept stock as compensation may be viewed positively, signaling confidence in the company's future and aligning management incentives with shareholder returns.

Key Dates

Keywords

Customers Bancorp, CUBI, Steven J. Zuckerman, Director Compensation, Insider Transaction, SEC Form 4, Stock Acquisition, Financial Services, Banking