What does the weighted average price mean in Lyle Cunningham’s CUBI share sale?

The weighted average price summarizes multiple individual trade prices. Cunningham’s 47,914 sold shares were executed between $74.25 and $75.75, and the reported $75.0282 per-share figure reflects the volume‑weighted average across all those trades.

Customers Bancorp officer sells 47,914 shares

Q: How many Customers Bancorp (CUBI) shares did Lyle Cunningham sell and at what price?

Cunningham sold 47,914 Customers Bancorp common shares. The shares were sold in multiple trades at prices ranging from $74.25 to $75.75, with a reported weighted average sale price of $75.0282 per share.

Customers Bancorp Chief Banking Officer Lyle Cunningham reported both option exercises and an open‑market sale of common stock.

Filing Impact

(Very High)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

Rhea-AI Filing Summary

Customers Bancorp Chief Banking Officer Lyle Cunningham reported both option exercises and an open‑market sale of common stock. He sold 47,914 shares of Customers Bancorp common stock in an open‑market transaction at a weighted average price of $75.0282 per share.

On the same date, he exercised employee stock options to acquire 15,123 common shares, including 10,000 shares at an exercise price of $28.37 and 5,123 shares at $19.28. A footnote states that his holdings include 19,815 Restricted Stock Units, and that the sale price reflects multiple trades between $74.25 and $75.75 per share.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider Cunningham Lyle

Role Chief Banking Officer

Sold 47,914 shs ($3.59M)

Approx. gross sale proceeds $3.59M

Approx. exercise cost $382K

Type	Security	Shares	Price	Value
Exercise	Employee Stock Options (Right to buy)	10,000	$28.37	$284K
Exercise	Employee Stock Options (Right to buy)	5,123	$19.28	$99K
Exercise	Common Stock	5,123	$19.28	$99K
Exercise	Common Stock	10,000	$28.37	$284K
Sale	Common Stock	47,914	$75.0282	$3.59M

Holdings After Transaction: Employee Stock Options (Right to buy) — 0 contracts (Direct); Common Stock — 19,854 shares (Direct)

Footnotes (2)

F1. Includes 19,815 Restricted Stock Units.
F2. This transaction was executed in multiple trades at prices ranging from $74.25 to $75.75. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transition was affected.

Key Figures

Open-market sale: 47,914 shares Weighted average sale price: $75.0282 per share Sale price range: $74.25–$75.75 +3 more

6 metrics

Open-market sale 47,914 shares Common Stock sold on May 29, 2026

Weighted average sale price $75.0282 per share 47,914 common shares sold

Sale price range $74.25–$75.75 Multiple trades for the 47,914 sold shares

Options exercised (grant 1) 10,000 shares at $28.37 Employee Stock Options exercised into common stock

Options exercised (grant 2) 5,123 shares at $19.28 Employee Stock Options exercised into common stock

Restricted Stock Units 19,815 units Included within reported holdings per footnote

Key Terms

Restricted Stock Units, Employee Stock Options (Right to buy), weighted average sale price, derivative exercise/conversion, +1 more

5 terms

Restricted Stock Units financial

"Includes 19,815 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.

Employee Stock Options (Right to buy) financial

"security_title": "Employee Stock Options (Right to buy)""

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

FAQ

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

What insider transactions did CUBI executive Lyle Cunningham report on May 29, 2026?

Lyle Cunningham reported a mix of option exercises and share sales. He exercised employee stock options for 15,123 common shares and sold 47,914 Customers Bancorp common shares in an open‑market transaction on the same date.

How many Customers Bancorp (CUBI) shares did Lyle Cunningham sell and at what price?

Cunningham sold 47,914 Customers Bancorp common shares. The shares were sold in multiple trades at prices ranging from $74.25 to $75.75, with a reported weighted average sale price of $75.0282 per share.

What stock options did Lyle Cunningham exercise in the latest CUBI Form 4?

Cunningham exercised options for a total of 15,123 common shares. This included 10,000 shares at a $28.37 exercise price and 5,123 shares at a $19.28 exercise price, converting option awards into Customers Bancorp common stock.

Does Lyle Cunningham still hold equity in Customers Bancorp after these transactions?

Yes, Cunningham continues to hold equity awards in Customers Bancorp. A disclosed footnote states that his reported holdings include 19,815 Restricted Stock Units, representing additional stock-based compensation that may settle in common shares in the future.

Were all of Lyle Cunningham’s exercised CUBI stock options fully used in this Form 4?

The reported option grants tied to these exercises now show zero remaining. For the 10,000‑share and 5,123‑share option awards exercised, the derivative entries list 0.0000 options remaining following the transactions.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/01/2026 - 03:24 PM

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)
05/29/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/29/2026	05/29/2026	M		5,123	A	$19.28	57,768⁽¹⁾	D
Common Stock	05/29/2026	05/29/2026	M		10,000	A	$28.37	67,768⁽¹⁾	D
Common Stock	05/29/2026	05/29/2026	S		47,914	D	$75.0282⁽²⁾	19,854⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Options (Right to buy)	$28.37	05/29/2026	05/29/2026	M		10,000		02/24/2026	02/24/2031	Common Stock	10,000	$28.37	0.00	D
Employee Stock Options (Right to buy)	$19.28	05/29/2026	05/29/2026	M		5,123		03/14/2024	03/14/2029	Common Stock	5,123	$19.28	0.00	D

Explanation of Responses:

1. Includes 19,815 Restricted Stock Units.

2. This transaction was executed in multiple trades at prices ranging from $74.25 to $75.75. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transition was affected.

Remarks:

	/s/Lyle Cunningham by Andrew Sachs Under Power of Attorney	06/01/2026
	** 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)

Source: View Original Filing on SEC EDGAR