Way T Lawrence 4

What Happened Way T Lawrence, a director of Customers Bancorp, received 895 shares of CUBI common stock on 2026-03-16 as an award/acquisition. The shares were issued at $64.72 per share, for a total value of $57,924. This was an issuance in lieu of cash for Q1 2026 director compensation (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-03-16; form filed: 2026-03-17 (timely filing).
• Transaction type/code: Award/Grant/Acquisition (A).
• Shares issued: 895 at $64.72 per share; total value ≈ $57,924.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: F1 — shares were issued in lieu of cash for Q1 2026 director compensation.
• No 10b5-1 plan, option exercise, or tax-withholding details reported in this filing.

Context Director stock awards are a common form of routine compensation and do not by themselves indicate a change in the director’s market view. For investors, purchases (direct cash buys) often carry more informational weight than compensation issuances, which are primarily payroll/corporate governance items.