Jay S. Sidhu - Mar 22, 2024 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Role
Chairman & CEO, Director
Signature
/s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney
Stock symbol
CUBI
Transactions as of
Mar 22, 2024
Transactions value $
-$64,898
Form type
4
Date filed
3/26/2024, 09:26 AM
Previous filing
Mar 18, 2024
Next filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Tax liability -$64.9K -1.25K -0.11% $51.96 1.18M Mar 22, 2024 Direct F1, F2, F3
holding CUBI Common Stock 19.5K Mar 22, 2024 By Spouse
holding CUBI Common Stock 179K Mar 22, 2024 Trust F4
holding CUBI Common Stock 167K Mar 22, 2024 Trust F5
holding CUBI Common Stock 157K Mar 22, 2024 Trust F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for taxes upon vesting of previously issued restricted stock award.
F2 Includes 116,629 Restricted Stock Units.
F3 Reflects the purchase of 158 shares pursuant to Customers Bancorp, Inc's Employee Stock Purchase Plan.
F4 Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
F5 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1.
F6 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.