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 February 23, 2024, Philip Watkins, CFO of Customers Bancorp, reported a transaction involving common stock.
- 110 shares were disposed of to cover taxes at a price of $52.66 per share.
- Following the transaction, Watkins directly owns 52,822 shares of Customers Bancorp, including 39,622 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transaction |
| 02/27/2024 | Date of signature for the report |
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