Customers Bancorp (NYSE: CUBB) awards 5,795 RSUs to banking chief

Rhea-AI Filing Summary

Customers Bancorp, Inc. reported that Chief Banking Officer Lyle Cunningham acquired 5,795 shares of common stock through a grant of Restricted Stock Units at a reference price of $64.72 per share. This is a compensation-related award, not an open-market purchase.

Following the grant, Cunningham directly holds 52,645 shares of common stock, which includes 19,815 Restricted Stock Units. The grant was contingent on shareholders approving an amendment to the issuer's 2019 Stock Incentive Plan, an approval obtained on May 26, 2026.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cunningham Lyle

Role Chief Banking Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,795	$64.72	$375K

Holdings After Transaction: Common Stock — 52,645 shares (Direct, null)

Footnotes (1)

1. Grant of Restricted Stock Units was contingent upon shareholder approval of an amendment to the Issuer's 2019 Stock Incentive Plan, which approval was obtained on May 26, 2026. Includes 19,815 Restricted Stock Units.

Key Figures

RSU grant size: 5,795 shares Grant reference price: $64.72 per share Total shares after grant: 52,645 shares +3 more

6 metrics

RSU grant size 5,795 shares Grant of Restricted Stock Units to Chief Banking Officer on March 13, 2026

Grant reference price $64.72 per share Reported price per share for the RSU award

Total shares after grant 52,645 shares Direct holdings of Lyle Cunningham following the transaction

Restricted Stock Units included 19,815 RSUs Portion of total holdings represented by Restricted Stock Units

Shareholder approval date May 26, 2026 Approval of amendment to 2019 Stock Incentive Plan required for the grant

Transaction date March 13, 2026 Date of reported grant of common stock via RSUs

Key Terms

Restricted Stock Units, 2019 Stock Incentive Plan, Grant, award, or other acquisition, Chief Banking Officer

4 terms

Restricted Stock Units financial

"Grant of Restricted Stock Units was contingent upon shareholder approval"

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.

2019 Stock Incentive Plan financial

"shareholder approval of an amendment to the Issuer's 2019 Stock Incentive Plan"

Grant, award, or other acquisition financial

"transaction code description is Grant, award, or other acquisition"

Chief Banking Officer financial

"reporting person Lyle Cunningham serves as Chief Banking Officer"

Form 4 Insider Transactions: What Each Field Means →

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)
03/13/2026

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	03/13/2026	03/13/2026	A		5,795	A	$64.72(1)	52,645(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. Grant of Restricted Stock Units was contingent upon shareholder approval of an amendment to the Issuer's 2019 Stock Incentive Plan, which approval was obtained on May 26, 2026.

2. Includes 19,815 Restricted Stock Units.

Remarks:

	/s/Lyle Cunningham by Andrew Sachs Under Power of Attorney	05/28/2026
	** 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)

FAQ

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

Customers Bancorp reported that Chief Banking Officer Lyle Cunningham received 5,795 shares of common stock as a grant of Restricted Stock Units. This compensation-related award was recorded at a reference price of $64.72 per share, rather than being an open-market stock purchase.

How many Customers Bancorp shares does Lyle Cunningham hold after this Form 4?

After the reported grant, Lyle Cunningham directly holds 52,645 shares of Customers Bancorp common stock. This total includes 19,815 Restricted Stock Units, reflecting both previously granted and newly awarded equity under the company’s stock incentive arrangements.

At what price was the Customers Bancorp RSU grant to Lyle Cunningham recorded?

The RSU grant to Lyle Cunningham was recorded at $64.72 per share. While no cash transaction occurred, this reference price is used to value the 5,795-share award for reporting and compensation purposes in the Form 4 filing.

What shareholder approval was required for Lyle Cunningham’s RSU grant at Customers Bancorp?

The grant of Restricted Stock Units to Lyle Cunningham was contingent on shareholder approval of an amendment to Customers Bancorp’s 2019 Stock Incentive Plan. Shareholders granted this approval on May 26, 2026, allowing the equity award to proceed under the updated plan.

Does the Form 4 for Customers Bancorp show a buy or a grant to Lyle Cunningham?

The Form 4 shows a grant or award acquisition, not an open-market buy. The transaction code is “A,” indicating a grant of 5,795 Restricted Stock Units to Chief Banking Officer Lyle Cunningham as part of his compensation rather than a discretionary stock purchase.