Form 4: CUBI Chief Banking Officer Tax Withholding

Customers Bancorp's Chief Banking Officer, Lyle Cunningham, reported a tax-related disposition of 749 common shares.

Summary

• Lyle Cunningham, Chief Banking Officer of Customers Bancorp, Inc. (CUBI), reported a transaction on January 5, 2026.
• The transaction involved the disposition of 749 shares of Common Stock.
• These shares were withheld for tax purposes upon the vesting of a previously issued restricted stock award.
• The price per share for the withheld shares was $76.18.
• Following this transaction, Cunningham beneficially owns 49,842 shares of Common Stock, which includes 22,633 Restricted Stock Units.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction related to tax obligations upon the vesting of a restricted stock award. It does not reflect a change in sentiment towards the company by the insider.

Positives

• The transaction represents a routine tax withholding upon the vesting of a restricted stock award, indicating the executive's prior receipt of equity compensation.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This is a routine insider transaction report (Form 4) detailing a tax-related disposition of shares by an executive. It does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary tax withholding event for an executive.

Key Dates

Keywords

Customers Bancorp, CUBI, Lyle Cunningham, Chief Banking Officer, Form 4, Insider Transaction, Stock Award, Tax Withholding, Restricted Stock Units, Beneficial Ownership