Customers Bancorp officer reports tax share withholding

Customers Bancorp Chief Banking Officer Lyle Cunningham reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Customers Bancorp Chief Banking Officer Lyle Cunningham reported a routine tax-related share disposition. On April 4, 2026, 1,613 shares of Common Stock were withheld at $70.41 per share to cover taxes when a previously granted restricted stock award vested.

After this withholding transaction, Cunningham directly held 46,850 shares of Customers Bancorp common stock. A footnote also states that this holding includes 14,020 Restricted Stock Units, which represent additional share-based awards that may convert into common stock over time, separate from the shares withheld for taxes.

Insider Trade Summary

Exercise Price or Tax Liability: 1,613 shares

Exercise Price or Tax Liability 1 txn

Insider Cunningham Lyle

Role Chief Banking Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,613	$70.41	$114K

Holdings After Transaction: Common Stock — 46,850 shares (Direct)

Footnotes (2)

1. F1. Shares withheld for taxes upon vesting of previously issued restricted stock award.
2. F2. Includes 14,020 Restricted Stock Units.

Key Figures

Shares withheld for taxes: 1,613 shares Tax withholding price: $70.41 per share Shares held after transaction: 46,850 shares +1 more

4 metrics

Shares withheld for taxes 1,613 shares Tax-withholding disposition on April 4, 2026

Tax withholding price $70.41 per share Value used for withheld shares

Shares held after transaction 46,850 shares Direct common stock holdings post-transaction

Restricted Stock Units included 14,020 RSUs Equity awards included in reported holdings

Key Terms

tax-withholding disposition, Restricted Stock Units, restricted stock award, Form 4

4 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Restricted Stock Units financial

"Includes 14,020 Restricted Stock Units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

restricted stock award financial

"vesting of previously issued restricted stock award."

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

Form 4 regulatory

"reported on a Form 4 filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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

What insider transaction did Customers Bancorp (CUBI) report for Lyle Cunningham?

Customers Bancorp reported that Chief Banking Officer Lyle Cunningham had 1,613 common shares withheld to cover taxes on a vesting restricted stock award. This was a tax-withholding disposition, not an open-market buy or sell transaction, and was recorded on a Form 4 filing.

Was the Customers Bancorp (CUBI) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 1,613 shares were withheld by the company to satisfy tax obligations when a previously issued restricted stock award vested, which is a routine compensation-related event.

How many Customers Bancorp (CUBI) shares does Lyle Cunningham hold after this filing?

After the reported tax withholding, Lyle Cunningham directly holds 46,850 shares of Customers Bancorp common stock. A filing footnote explains that this total also includes 14,020 Restricted Stock Units, which may convert into shares in the future as they vest.

What price per share was used for the tax-withholding disposition at Customers Bancorp (CUBI)?

The tax-withholding disposition used a price of $70.41 per share for the 1,613 Customers Bancorp common shares withheld. This price is used purely for reporting the value of shares applied to cover the tax liability on the vesting restricted stock award.

What do the 14,020 Restricted Stock Units mean in the Customers Bancorp (CUBI) Form 4?

The Form 4 notes that Cunningham’s holdings include 14,020 Restricted Stock Units. These RSUs are share-based awards that can convert into common stock upon vesting, adding to his potential future equity exposure beyond the currently owned common shares.

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

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Accepted by SEC EDGAR 04/07/2026 - 02:55 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Cunningham Lyle

(Last) (First) (Middle)

701 READING AVENUE

(Street)

WEST READING PENNSYLVANIA 19611

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/04/2026

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

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

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

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	04/04/2026	04/04/2026	F		1,613(1)	D	$70.41	46,850(2)	D

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 14,020 Restricted Stock Units.

Remarks:

	/s/Lyle Cunningham by Andrew Sachs Under Power of Attorney	04/07/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)