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AI brief of an SEC Form 8-K · Customers Bancorp (CUBI)

Customers Bancorp shareholders approve 2019 stock plan increase of 750,000 shares

Neutral Impact 3 of 5 shareholder Written later

At its May 26, 2026 annual meeting, Customers Bancorp shareholders approved an amendment raising the share authorization under the 2019 Stock Incentive Plan by 750,000 shares, from 3,320,325 to 4,070,325, and raising the limit on non-employee director compensation under the plan. The filing also reports the election of three Class III directors and the results of the say-on-pay and plan votes, with the plan amendment drawing 8,530,617 votes against.

Key points

  • Authorized shares under the 2019 Stock Incentive Plan rose by 750,000, from 3,320,325 to 4,070,325.
  • Plan amendment vote: 19,725,308 for, 8,530,617 against, 271,068 abstentions, 2,052,252 broker non-votes.
  • Advisory say-on-pay vote: 19,160,697 for, 9,059,302 against, 306,994 abstentions.
  • Susan D. Looney, Dalton T. Sirmans and Steven J. Zuckerman were elected as Class III directors; Deloitte & Touche LLP was ratified for fiscal 2026.

The filing

CompanyCustomers Bancorp (CUBI)
Form8-K, current report
Filed with the SECMay 28, 2026, 5:23 PM ET
Accession number0001488813-26-000073

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.