Customers Bancorp officer proposes $473K share sale

The proposed sale includes shares acquired through RSU vesting and a stock option exercise.

Available on EDGAR 11/02/2026 - 04:51 PM EST Accepted by SEC EDGAR 11/02/2026 - 04:50 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Customers Bancorp, Inc. (CUBB) officer Philip Watkins reported a proposed sale of 5,500 common shares with an aggregate market value of $473,440 through broker UBS Financial Services Inc.; the approximate sale date is November 2, 2026. The listed shares comprise 3,500 shares acquired through RSU vesting on October 24, 2024, and 2,000 through a stock option exercise on November 2, 2026.

Key Figures

Proposed shares to be sold: 5,500 shares Aggregate market value: $473,440 Common shares outstanding: 33,783,799 shares +2 more

5 metrics

Proposed shares to be sold 5,500 shares Common stock; approximate sale date November 2, 2026

Aggregate market value $473,440 Proposed sale

Common shares outstanding 33,783,799 shares As of November 2, 2026

Shares from RSU vesting 3,500 shares Acquired October 24, 2024

Shares from stock option exercise 2,000 shares Acquired November 2, 2026

Key Terms

Rule 144, RSU Vesting, Stock Option Exercise

3 terms

Rule 144 regulatory

"paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

RSU Vesting financial

"RSU Vesting"

RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.

Stock Option Exercise financial

"Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CUBB shares does Philip Watkins propose to sell?

Officer Philip Watkins listed a proposed sale of 5,500 common shares with an aggregate market value of $473,440. The approximate sale date is November 2, 2026, and UBS Financial Services Inc. is listed as the broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001749928
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Customers Bancorp, Inc.
SEC File Number	001-35542
Address of Issuer	701 Reading Avenue West Reading PENNSYLVANIA 19611
Phone	610-933-2000
Name of Person for Whose Account the Securities are To Be Sold	Philip Watkins
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	5500	473440	33783799	11/02/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	10/24/2024	RSU Vesting	Customers Bancorp, Inc.			3500	11/02/2026	N/A
Common Stock	11/02/2026	Stock Option Exercise	Customers Bancorp, Inc.			2000	11/02/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	11/02/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/Mijo Suric, for UBS Financial Services Inc, as attorney-in-fact for Philip Watkins
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)