Gill Mike 4

What Happened
Mike Gill, a director of Customers Bancorp, received an award of 625 shares on 2026-03-16. The shares were valued at $64.72 each, for a total value of $40,450. This was an awarded issuance (code A) issued in lieu of cash as director compensation for Q1 2026 — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-16; filing date: 2026-03-17 (timely).
• Price per share: $64.72; shares issued: 625; total value: $40,450.
• Shares owned after transaction: not reported in the Form 4 provided.
• Footnote: stock issued in lieu of cash director compensation for Q1 2026.
• Filing timeliness: reported the next day — appears timely (no late filing flag).

Context
Awards issued to directors as compensation are common and typically reflect routine pay practices rather than a direct buy/sell signal. Purchases by insiders can be more informative about personal conviction; this grant mainly documents compensation paid in stock.