Customers Bancorp (NYSE: CUBB) CEO reports tax withholding of shares

Rhea-AI Filing Summary

Customers Bancorp CEO Samvir S. Sidhu reported routine tax-related share dispositions in company stock. On March 14 and 15, a total of 4,474 shares of Common Stock were withheld at $64.72 per share to cover tax liabilities upon vesting of previously issued restricted stock awards.

Following these transactions, Sidhu directly holds 513,055 shares of Common Stock. The filing also shows 745 shares held indirectly through irrevocable trusts for family beneficiaries, reflecting additional indirect ownership. No open-market purchases or sales were reported in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sidhu Samvir S.

(Last) (First) (Middle)

701 READING AVENUE

(Street)

WEST READING PA 19611

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc. [ CUBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/14/2026	03/14/2026	F		2,418(1)	D	$64.72	515,111(2)	D
Common Stock	03/15/2026	03/15/2026	F		2,056(1)	D	$64.72	513,055(3)	D
Common Stock								745	I	Trust(4)
Common Stock								745	I	Trust(5)
Common Stock								745	I	Trust(6)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld for taxes upon vesting of previously issued restricted stock award.

2. Includes 266,208 Restricted Stock Units.

3. Includes 262,457 Restricted Stock Units.

4. Irrevocable Trust FBO Lian Sidhu.

5. Irrevocable Trust FBO Ziya Sidhu.

6. Irrevocable Trust FBO Kaira Sidhu.

Remarks:

	/s/ Samvir Sidhu by Andrew Sachs under Power of Attorney	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Customers Bancorp (CUBB) report for its CEO?

Customers Bancorp reported that CEO Samvir S. Sidhu had shares withheld to cover tax obligations on vesting restricted stock. The Form 4 shows 4,474 common shares withheld, coded as F transactions, indicating payment of tax liability rather than an open-market sale.

How many Customers Bancorp shares were withheld for CEO Sidhu’s taxes?

A total of 4,474 Customers Bancorp common shares were withheld for CEO Samvir S. Sidhu’s tax obligations. The filing records 2,418 shares and 2,056 shares withheld on consecutive days at $64.72 per share, tied to vesting restricted stock awards.

Did Customers Bancorp CEO Samvir Sidhu sell shares on the open market?

The disclosure does not show any open-market sales by CEO Samvir S. Sidhu. Instead, the reported F-coded transactions are tax-withholding dispositions, where shares are delivered to cover tax liabilities from vesting restricted stock, a routine compensation-related mechanism.

What are CEO Samvir Sidhu’s direct share holdings after these transactions?

After the tax-withholding dispositions, CEO Samvir S. Sidhu directly holds 513,055 shares of Customers Bancorp common stock. This figure reflects his direct ownership position reported in the Form 4 and excludes additional indirect holdings through family trusts.

Does the Customers Bancorp Form 4 show any indirect holdings for the CEO?

Yes. The Form 4 shows 745 Customers Bancorp common shares held indirectly for CEO Samvir S. Sidhu through irrevocable trusts for family beneficiaries. These indirect positions are labeled as trust holdings and are separate from his direct 513,055-share ownership.

What does transaction code F mean in the Customers Bancorp CEO filing?

Transaction code F in the CEO’s Form 4 indicates shares used to pay a tax liability or exercise price. In this case, 4,474 shares of Customers Bancorp common stock were withheld upon vesting of restricted stock awards, a standard, non-market compensation-related event.