Form 4: Customers Bancorp CFO Carla Leibold Reports Stock Transactions

Carla Leibold, CFO of Customers Bancorp, reports multiple transactions involving common stock, including acquisitions and disposals for tax purposes, resulting in adjustments to her beneficial ownership.

Summary

• Carla Leibold, the Chief Financial Officer of Customers Bancorp, Inc. (CUBI), filed a Form 4 detailing changes in her beneficial ownership of the company's common stock.
• On April 7, 2024, Leibold acquired and disposed of shares of common stock at a price of $50.43 per share.
• The transactions included acquisitions of 2,852 shares, 2,852 shares and 2,939 shares.
• She also disposed of 1,241 shares, 1,241 shares, 1,278 shares, 557 shares and 531 shares for tax purposes related to the vesting of restricted stock units.
• Following these transactions, Leibold's direct ownership includes 44,371 shares of common stock, inclusive of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Key Dates