JAY S. SIDHU - 07 Nov 2024 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Signature
/s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney
Issuer symbol
CUBI
Transactions as of
07 Nov 2024
Net transactions value
-$5,608,260
Form type
4
Filing time
12 Nov 2024, 08:19:13 UTC
Previous filing
08 Jan 2025
Next filing
02 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBI Common Stock Sale $47,069 -860 -0.07% $54.73 1,189,738 07 Nov 2024 Direct F1, F2
transaction CUBI Common Stock Sale $665,907 -12,562 -1.1% $53.01 1,177,176 08 Nov 2024 Direct F2, F3
transaction CUBI Common Stock Sale $4,895,285 -86,578 -7.4% $56.54 1,090,598 11 Nov 2024 Direct F2, F4
holding CUBI Common Stock 19,498 07 Nov 2024 By Spouse
holding CUBI Common Stock 179,410 07 Nov 2024 Trust F5
holding CUBI Common Stock 167,290 07 Nov 2024 Trust F6
holding CUBI Common Stock 157,290 07 Nov 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.