Form 4: Customers Bancorp CFO Philip Watkins Reports Stock Transaction
SEC Form 4 Filing
Philip Watkins, CFO of Customers Bancorp, reports the withholding of shares for taxes upon vesting of restricted stock.
Summary
- On March 22, 2024, Philip Watkins, CFO of Customers Bancorp, had 278 shares of common stock withheld for taxes.
- This was due to the vesting of a previously issued restricted stock award.
- Following the transaction, Watkins beneficially owns 56,773 shares, which includes 43,154 Restricted Stock Units.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing (Form 4) detailing a common stock transaction related to tax withholding. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of stock transaction (tax withholding) |
| 03/26/2024 | Date of signature on the Form 4 filing |
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