[Form 4] Customers Bancorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Steven J. Zuckerman, a director of Customers Bancorp, Inc. (ticker CUBB), received 938 shares of common stock on 09/15/2025 at a price of $67.85 per share as director compensation in lieu of cash for Q3 2025. After the transaction he directly beneficially owns 71,318 shares. He also reports indirect holdings of 6,815 shares in the Steven J. Zuckerman Revocable Trust and 218,254 shares held in the Victoria H. Zuckerman 2006 Multigenerational Trust, for which he disclaims beneficial ownership except to the extent of any pecuniary interest. The Form 4 was signed under power of attorney on 09/25/2025.

Positive

• Director alignment: 938 shares issued as compensation increases the reporting person's direct equity stake, aligning interests with shareholders.
• Full disclosure: Form 4 discloses direct and indirect holdings and includes trust relationships and a disclaimer, providing transparency.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director received equity as compensation, modestly increasing direct stake; no material change to capital structure disclosed.

The filing documents a routine non-cash director compensation grant of 938 shares at $67.85 per share. The post-transaction direct holding is 71,318 shares, with additional indirect holdings disclosed. This transaction appears compensatory rather than a market purchase or sale and does not disclose any exercised options or derivative activity. For investors, the update signals standard equity-based compensation alignment between the board and shareholders but does not, on its face, alter outstanding share counts or signal strategic change.

Corporate Governance Expert

TL;DR: Routine director compensation disclosure with appropriate beneficial ownership and trust disclaimers.

The report clearly identifies the reporting person as a director and details direct and indirect holdings, including trust relationships and a disclaimer of beneficial ownership for the Victoria H. Zuckerman trust holdings except for pecuniary interest. The use of equity in lieu of cash is a common governance practice to align director incentives. The form is properly executed under power of attorney and provides the necessary transparency for Section 16 monitoring.

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
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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).

1. Name and Address of Reporting Person^*

Zuckerman Steven J

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025	09/15/2025	A		938(1)	A	$67.85	71,318	D
Common Stock								6,815	I	Trust(2)
Common Stock								218,254	I	Trust(3)

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. This stock was issued to the reporting person in lieu of cash for director compensation for Q3 2025.

2. Steven J. Zuckerman Revocable Trust.

3. The reporting person has been appointed as investment advisor for the Victoria H. Zuckerman 2006 Multigenerational Trust u/a/d 8/21/06. The reporting person and members of his immediate family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the CUBI common stock held by the trust except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Steven J. Zuckerman by Andrew Sachs Under Power of Attorney	09/25/2025
	** 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.

FAQ

What transaction did Steven J. Zuckerman report for CUBB?

He received 938 shares of Customers Bancorp common stock on 09/15/2025 as director compensation in lieu of cash for Q3 2025 at a reported price of $67.85 per share.

How many CUBB shares does Steven J. Zuckerman beneficially own after this Form 4?

Directly 71,318 shares are reported as beneficially owned following the transaction, plus indirect holdings of 6,815 and 218,254 in two trusts.

What trusts hold additional CUBB shares for Steven J. Zuckerman?

Steven J. Zuckerman Revocable Trust (6,815 shares) and the Victoria H. Zuckerman 2006 Multigenerational Trust u/a/d 8/21/06 (218,254 shares), with a disclaimer of beneficial ownership for the latter except for any pecuniary interest.

When was the Form 4 filed and signed?

The transaction date is 09/15/2025 and the Form 4 was signed under power of attorney on 09/25/2025.

Was this Form 4 related to derivative securities or option exercises?

No. The filing shows a non-derivative equity issuance; Table II (derivatives) contains no reported transactions.