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.
Sentiment and the balance of points
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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 Trade Summary
| 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 | -- | -- | -- |
Footnotes (6)
- 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.
- F2. Includes 53,669 Restricted Stock Units.
- F3. Shares held in Sherry Sidhu Individual Account.
- F4. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
- F5. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1
- F6. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.
Key Figures
Key Terms
weighted average sale price financial
Restricted Stock Units financial
Rule 10b5-1 plan regulatory
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