Customers Bancorp CEO buys 1,000 company shares
Customers Bancorp, Inc. CEO Samvir S. Sidhu reported an open-market purchase of 1,000 shares of Common Stock at $72.5775 per share.
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Rhea-AI Filing Summary
Customers Bancorp, Inc. CEO Samvir S. Sidhu reported an open-market purchase of 1,000 shares of Common Stock at $72.5775 per share. Following this buy, his direct holdings total 521,714 shares, which a footnote states includes 245,810 Restricted Stock Units.
The filing also lists 745 shares of Common Stock held indirectly through irrevocable trusts for the benefit of Lian, Ziya, and Kaira Sidhu, reported as indirect ownership. Overall, this represents a modest increase in the CEO’s personal stake through a direct market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $72.5775 | $73K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Includes 245,810 Restricted Stock Units.
- F2. Irrevocable Trust FBO Lian Sidhu.
- F3. Irrevocable Trust FBO Ziya Sidhu.
- F4. Irrevocable Trust FBO Kaira Sidhu.
Key Figures
Key Terms
Restricted Stock Units financial
open-market purchase financial
Irrevocable Trust financial
indirect ownership financial
FAQ
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What insider transaction did Customers Bancorp (CUBB) report for its CEO?
What does the Form 4 say about Customers Bancorp CEO restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.