JAY S. SIDHU - 07 Apr 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
Issuer symbol
CUBI
Transactions as of
07 Apr 2024
Net transactions value
+$557,100
Form type
4
Filing time
08 Apr 2024, 09:29:54 UTC
Previous filing
08 Apr 2024
Next filing
15 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Award $370,509 +7,347 +0.63% $50.43 1,176,467 07 Apr 2024 Direct F1
transaction CUBI Common Stock Tax liability $145,844 -2,892 -0.25% $50.43 1,173,575 07 Apr 2024 Direct F1, F2
transaction CUBI Common Stock Award $370,509 +7,347 +0.63% $50.43 1,180,922 07 Apr 2024 Direct F1
transaction CUBI Common Stock Tax liability $145,844 -2,892 -0.24% $50.43 1,178,030 07 Apr 2024 Direct F1, F2
transaction CUBI Common Stock Award $381,806 +7,571 +0.64% $50.43 1,185,601 07 Apr 2024 Direct F1
transaction CUBI Common Stock Tax liability $150,281 -2,980 -0.25% $50.43 1,182,621 07 Apr 2024 Direct F1, F2
transaction CUBI Common Stock Tax liability $65,458 -1,298 -0.11% $50.43 1,181,323 07 Apr 2024 Direct F2, F3
transaction CUBI Common Stock Tax liability $58,297 -1,156 -0.1% $50.43 1,180,167 07 Apr 2024 Direct F2, F4
holding CUBI Common Stock 19,498 07 Apr 2024 By Spouse
holding CUBI Common Stock 179,410 07 Apr 2024 Trust F5
holding CUBI Common Stock 167,290 07 Apr 2024 Trust F6
holding CUBI Common Stock 157,290 07 Apr 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.