Jay S. Sidhu - Apr 7, 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
Apr 7, 2024
Transactions value $
$557,100
Form type
4
Date filed
4/8/2024, 09:29 AM
Previous filing
Apr 8, 2024
Next filing
Apr 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Award $371K +7.35K +0.63% $50.43 1.18M Apr 7, 2024 Direct F1
transaction CUBI Common Stock Tax liability -$146K -2.89K -0.25% $50.43 1.17M Apr 7, 2024 Direct F1, F2
transaction CUBI Common Stock Award $371K +7.35K +0.63% $50.43 1.18M Apr 7, 2024 Direct F1
transaction CUBI Common Stock Tax liability -$146K -2.89K -0.24% $50.43 1.18M Apr 7, 2024 Direct F1, F2
transaction CUBI Common Stock Award $382K +7.57K +0.64% $50.43 1.19M Apr 7, 2024 Direct F1
transaction CUBI Common Stock Tax liability -$150K -2.98K -0.25% $50.43 1.18M Apr 7, 2024 Direct F1, F2
transaction CUBI Common Stock Tax liability -$65.5K -1.3K -0.11% $50.43 1.18M Apr 7, 2024 Direct F2, F3
transaction CUBI Common Stock Tax liability -$58.3K -1.16K -0.1% $50.43 1.18M Apr 7, 2024 Direct F2, F4
holding CUBI Common Stock 19.5K Apr 7, 2024 By Spouse
holding CUBI Common Stock 179K Apr 7, 2024 Trust F5
holding CUBI Common Stock 167K Apr 7, 2024 Trust F6
holding CUBI Common Stock 157K Apr 7, 2024 Trust F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 92,065 Restricted Stock Units.
F2 Shares withheld for taxes upon vesting of previously issued restricted stock award.
F3 Includes 88,767 Restricted Stock Units.
F4 Includes 85,831 Restricted Stock Units.
F5 Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
F6 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1.
F7 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.