Samvir S. Sidhu - 22 Jan 2025 Form 4 Insider Report for Customers Bancorp, Inc. (CUBI)

Role
President
Signature
/s/ Samvir Sidhu by Andrew Sachs under Power of Attorney
Issuer symbol
CUBI
Transactions as of
22 Jan 2025
Net transactions value
+$6,932,728
Form type
4
Filing time
23 Jan 2025, 15:27:16 UTC
Previous filing
07 Jan 2025
Next filing
18 Mar 2025
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 $15,039,000 +300,000 +212% $50.13 441,430 22 Jan 2025 Direct F1, F2
transaction CUBI Common Stock Tax liability $8,106,272 -161,705 -37% $50.13 279,725 22 Jan 2025 Direct F2, F3
holding CUBI Common Stock 745 22 Jan 2025 Trust F4
holding CUBI Common Stock 745 22 Jan 2025 Trust F5
holding CUBI Common Stock 745 22 Jan 2025 Trust F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired upon achievement of certain performance criteria pursuant to Performance Stock Units granted on 1/22/2020.
F2 Includes 46,901 Restricted Stock Units.
F3 Shares withheld for taxes upon vesting of previously issued restricted stock award.
F4 Irrevocable Trust FBO Ziya Sidhu.
F5 Irrevocable Trust FBO Kaira Sidhu.
F6 Irrevocable Trust FBO Lian Sidhu.