Form 4: Customers Bancorp Officer Sells Shares for Tax

Customers Bancorp's Chief Banking Officer, Lyle Cunningham, disposed of 1,552 shares of common stock at $75.83 per share to cover tax obligations from a restricted stock award vesting.

Summary

• Lyle Cunningham, Chief Banking Officer of Customers Bancorp, Inc. (CUBI), reported a transaction on December 19, 2025.
• The transaction involved the disposition of 1,552 shares of Customers Bancorp Common Stock.
• These shares were withheld for taxes upon the vesting of a previously issued restricted stock award.
• The shares were disposed of at a price of $75.83 per share.
• Following this transaction, Lyle Cunningham beneficially owns 50,591 shares of Common Stock, which includes 24,491 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax purposes, which is neutral in sentiment and does not indicate any significant positive or negative developments for the company or its stock.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• The impact on shareholders is minimal as this is a routine tax-related disposition of shares by an officer, not a discretionary sale indicating a change in confidence.

Key Dates

Keywords

Customers Bancorp, CUBI, Lyle Cunningham, Chief Banking Officer, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Withholding