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Customers Bancorp chairman Sidhu sells 50,000 shares

Trades making up the Exec. Chairman's sale ranged from $87.09 to $88.03 per share.

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Form Type
4

Rhea-AI Filing Summary

Customers Bancorp, Inc. (CUBB) Exec. Chairman Jay S. Sidhu sold 50,000 shares of common stock on October 29, 2026, at a weighted average price of $87.4039 per share. The trades ranged from $87.09 to $88.03 per share. After the sale, Sidhu directly held 617,864 shares, including 53,669 restricted stock units; 3,701 shares were held indirectly in Sherry Sidhu Individual Account. No Rule 10b5-1 plan is reported.

Insider SIDHU JAY S
Role Exec. Chairman
Sold 50,000 shs ($4.37M)
Type Security Shares Price Value
Sale Common Stock F1, F2 50,000 $87.4039 $4.37M
Holding Common Stock F3 -- -- --
Holding Common Stock F4 -- -- --
Holding Common Stock F5 -- -- --
Holding Common Stock F6 -- -- --
Holdings After Transaction: Common Stock — 617,864 shares (Direct); Common Stock — 3,701 shares (Indirect, Spouse); Common Stock — 553,937 shares (Indirect, Trust)
Footnotes (6)
  1. F1. This transaction was executed in multiple trades at prices ranging from $87.09 to $88.03. 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.
  2. F2. Includes 53,669 Restricted Stock Units.
  3. F3. Shares held in Sherry Sidhu Individual Account.
  4. F4. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
  5. F5. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1
  6. F6. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.
Shares sold 50,000 shares October 29, 2026
Weighted average sale price $87.4039 per share October 29, 2026
Sale price range $87.09 to $88.03 per share Prices across multiple trades
Direct shares following transaction 617,864 shares Includes 53,669 restricted stock units
Indirect shares in spouse's individual account 3,701 shares October 29, 2026
weighted average sale price financial
"reflects the weighted average sale price"
Restricted Stock Units financial
"Includes 53,669 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.
Rule 10b5-1 plan regulatory
"no Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

FAQ

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

How many Customers Bancorp (CUBB) shares did Jay S. Sidhu sell, and at what price?

Jay S. Sidhu sold 50,000 shares on October 29, 2026, at a weighted average price of $87.4039 per share. The trades ranged from $87.09 to $88.03 per share, and no Rule 10b5-1 plan is reported.

How many Customers Bancorp (CUBB) shares did Jay S. Sidhu hold after the sale?

After the sale, Sidhu directly held 617,864 shares, including 53,669 restricted stock units. A separate 3,701 shares were held indirectly in Sherry Sidhu Individual Account.

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

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SEC Form 4
FORM 4UNITED 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*
SIDHU JAY S

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Exec. Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/29/2026S50,000D$87.4039(1)617,864(2)D
Common Stock3,701ISpouse(3)
Common Stock213,560ITrust(4)
Common Stock181,825ITrust(5)
Common Stock158,552ITrust(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $87.09 to $88.03. 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.
2. Includes 53,669 Restricted Stock Units.
3. Shares held in Sherry Sidhu Individual Account.
4. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
5. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1
6. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.
Remarks:
/s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney11/02/2026
** Signature of Reporting PersonDate
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)

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