Jay S. Sidhu - 14 Mar 2025 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
14 Mar 2025
Net transactions value
+$773,075
Form type
4
Filing time
18 Mar 2025, 15:13:24 UTC
Previous filing
04 Feb 2025
Next filing
25 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 $875,823 +17,244 +1.8% $50.79 982,967 14 Mar 2025 Direct F1, F2
transaction CUBI Common Stock Tax liability $102,748 -2,023 -0.21% $50.79 980,944 15 Mar 2025 Direct F3, F4
holding CUBI Common Stock 5,253 14 Mar 2025 By Spouse
holding CUBI Common Stock 213,560 14 Mar 2025 Trust F5
holding CUBI Common Stock 180,790 14 Mar 2025 Trust F6
holding CUBI Common Stock 158,035 14 Mar 2025 Trust F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount of securities acquired reflects a grant of Restricted Stock Units award with shares vesting in accordance with the terms of the 2024 Bonus Incentive.
F2 Includes 111,314 Restricted Stock Units.
F3 Shares withheld for taxes upon vesting of previously issued restricted stock award.
F4 Includes 103,007 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.