Jay S. Sidhu - Nov 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
Nov 7, 2024
Transactions value $
-$5,608,260
Form type
4
Date filed
11/12/2024, 08:19 AM
Previous filing
Apr 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Sale -$47.1K -860 -0.07% $54.73 1.19M Nov 7, 2024 Direct F1, F2
transaction CUBI Common Stock Sale -$666K -12.6K -1.06% $53.01 1.18M Nov 8, 2024 Direct F2, F3
transaction CUBI Common Stock Sale -$4.9M -86.6K -7.35% $56.54 1.09M Nov 11, 2024 Direct F2, F4
holding CUBI Common Stock 19.5K Nov 7, 2024 By Spouse
holding CUBI Common Stock 179K Nov 7, 2024 Trust F5
holding CUBI Common Stock 167K Nov 7, 2024 Trust F6
holding CUBI Common Stock 157K Nov 7, 2024 Trust F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $54.5750 to $54.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transition was affected.
F2 Includes 95,929 Restricted Stock Units.
F3 This transaction was executed in multiple trades at prices ranging from $53.00 to $53.0950. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transition was affected.
F4 This transaction was executed in multiple trades at prices ranging from $55.9800 to $56.9350. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transition was affected.
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.