Form 4: Customers Bancorp CFO Leibold Reports Stock Transaction
SEC Form 4 Filing
Carla A. Leibold, CFO of Customers Bancorp, reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On February 23, 2024, Carla A. Leibold, the Chief Financial Officer of Customers Bancorp, Inc. (CUBI), reported a transaction involving the disposition of 1,957 shares of common stock.
- The shares were withheld for taxes upon the vesting of a previously issued restricted stock award.
- Following the transaction, Leibold beneficially owns 77,056 shares, including 39,522 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transaction (disposition of shares). |
| 02/27/2024 | Date of Form 4 signature. |
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