Form 4: Director Compensation: CUBI Stock Awarded
Statement of Changes in Beneficial Ownership
Susan Looney, a Director at Customers Bancorp, Inc., received 625 shares of common stock as compensation for Q2 2026 director fees.
Summary
- Susan Looney, a Director of Customers Bancorp, Inc. (CUBI), acquired 625 shares of common stock on June 15, 2026.
- This acquisition was in lieu of cash for her director compensation for the second quarter of 2026.
- The shares were valued at $78.21 each, totaling $48,881.25.
- Following this transaction, Ms. Looney beneficially owns 1,768 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard director compensation transaction rather than significant financial performance or strategic changes.
Positives
- Director compensation was settled with company stock, indicating confidence in the company's value.
- The transaction was executed at a specified price, providing transparency.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a director compensation transaction.
Industry Context
StockSavvy.ai notes that the use of stock for director compensation is a common practice in the financial services industry, aligning executive and director interests with those of shareholders.
Related Party Transactions
- Director Susan Looney received 625 shares of common stock in lieu of cash for director compensation for Q2 2026.
Stakeholder Impact
- Shareholders: The issuance of stock for compensation can dilute ownership slightly, but also aligns director interests with shareholder value.
- Employees: No direct impact mentioned.
- Creditors: No direct impact mentioned.
- Customers: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 06/15/2026 | Transaction Date and Earliest Transaction Date |
| 06/16/2026 | Signature Date |
Keywords
Customers Bancorp, CUBI, Form 4, Director Compensation, Stock Award, Beneficial Ownership, SEC Filing
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