secwatch.observer — SEC 8-K summary
======================================

Issuer:     Customers Bancorp, Inc. (CUBI)
CIK:        0001488813
Form:       8-K
Filed at:   2026-07-08T21:12:36+00:00
Accession:  0001488813-26-000078
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Customers Bancorp enters into Supplemental Executive Retirement Plan for Lyle Cunningham
--------------------------------------------------------------------------------

- Monthly benefit of $12,500 upon retirement after Normal Retirement Age for life.
- Early termination benefit if separation before Normal Retirement Age for any reason other than death or Change in Control.
- Change in Control benefit payable monthly for life if separation within 12 months after CIC.
- Plan includes clawback, noncompete, non-disclosure, and non-solicitation provisions; forfeiture for cause.
- Plan supersedes prior SERP adopted April 27, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488813/000148881326000078/0001488813-26-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488813/000148881326000078/cubi-20260708.htm
  HTML page:      https://secwatch.observer/filing/0001488813-26-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer