Form 4: Customers Bancorp CEO Reports Routine Stock Transaction

Customers Bancorp CEO Samvir S. Sidhu reported a disposition of 838 shares for tax withholding related to restricted stock vesting.

Summary

• Samvir S. Sidhu, CEO and Director of Customers Bancorp, Inc. (CUBI), reported a transaction on January 5, 2026.
• 838 shares of Common Stock were disposed of (withheld for taxes) at a price of $76.18 per share.
• This disposition was related to the vesting of a previously issued restricted stock award.
• Following the transaction, Sidhu directly beneficially owns 517,529 shares, which includes 270,620 Restricted Stock Units.
• Sidhu also indirectly beneficially owns 745 shares each through three separate irrevocable trusts for Lian Sidhu, Ziya Sidhu, and Kaira Sidhu.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a standard operational event and does not indicate a positive or negative sentiment regarding the company's performance or outlook.

Related Party Transactions

• Indirect beneficial ownership of 745 shares each through three irrevocable trusts for Lian Sidhu, Ziya Sidhu, and Kaira Sidhu, who are likely family members.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes by an insider.

Key Dates

Keywords

Customers Bancorp, CUBI, Samvir S. Sidhu, Insider Transaction, Form 4, Restricted Stock, Tax Withholding, Beneficial Ownership, CEO