Customers Bancorp CEO granted new stock awards

Sidhu Samvir S. reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Sidhu Samvir S. reported acquisition or exercise transactions in this Form 4 filing.

Customers Bancorp CEO Samvir S. Sidhu reported equity awards of common stock. On March 13, 2026, he received 12,306 shares at an indicated value of $64.72 per share. On April 8, 2026, he received a further 5,285 shares at $73.80 per share, both classified as grants or awards rather than open-market purchases.

Following these awards, his directly held common stock position rose to 539,305 shares. Footnotes state the grants were of Restricted Stock Units and were contingent on shareholder approval of an amendment to the 2019 Stock Incentive Plan, which approval was obtained on May 26, 2026. Separate indirect holdings of 745 shares are reported for each of three irrevocable trusts.

Insider Trade Summary

Grant/Award: 17,591 shares

Grant/Award 5 txns

Insider Sidhu Samvir S.

Role CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,285	$73.80	$390K
Grant/Award	Common Stock	12,306	$64.72	$796K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 539,305 shares (Direct); Common Stock — 2,235 shares (Indirect, Trust)

Footnotes (6)

F1. 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.
F2. Includes 258,116 Restricted Stock Units.
F3. Includes 263,401 Restricted Stock Units.
F4. Irrevocable Trust FBO Lian Sidhu.
F5. Irrevocable Trust FBO Ziya Sidhu.
F6. Irrevocable Trust FBO Kaira Sidhu.

Key Figures

Equity award 1: 12,306 shares at $64.72 Equity award 2: 5,285 shares at $73.80 Direct holdings after April grant: 539,305 shares +2 more

5 metrics

Equity award 1 12,306 shares at $64.72 Grant of common stock on March 13, 2026

Equity award 2 5,285 shares at $73.80 Grant of common stock on April 8, 2026

Direct holdings after April grant 539,305 shares Common stock directly held after April 8, 2026 award

Direct holdings after March grant 534,020 shares Common stock directly held after March 13, 2026 award

Trust holdings per trust 745 shares Common stock per irrevocable trust as of March 13, 2026

Key Terms

Restricted Stock Units, 2019 Stock Incentive Plan, Irrevocable Trust, grant/award acquisition, +1 more

5 terms

Restricted Stock Units financial

"Grant of Restricted Stock Units was contingent upon shareholder approval of an amendment to the Issuer's 2019 Stock Incentive Plan"

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, which approval was obtained on May 26, 2026"

Irrevocable Trust financial

"Irrevocable Trust FBO Lian Sidhu"

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

beneficial ownership financial

"Irrevocable Trust FBO Ziya Sidhu"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

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

What insider transactions did Customers Bancorp (CUBB) disclose for CEO Samvir S. Sidhu?

Customers Bancorp reported that CEO Samvir S. Sidhu received two equity awards of common stock, not open-market purchases, totaling 12,306 shares on March 13, 2026 and 5,285 shares on April 8, 2026, classified as grants or awards under the company’s incentive arrangements.

How many Customers Bancorp shares does the CEO hold after these Form 4 transactions?

After the reported grants, CEO Samvir S. Sidhu directly holds 539,305 shares of Customers Bancorp common stock. The filing also notes indirect ownership of 745 shares in each of three irrevocable trusts, adding a separate layer of beneficial holdings through trust structures.

At what values were the Customers Bancorp equity awards granted to the CEO?

The March 13, 2026 equity award to the CEO covered 12,306 common shares at an indicated value of $64.72 per share. The April 8, 2026 award covered 5,285 shares at $73.80 per share, reflecting compensation-related grants rather than discretionary market purchases.

What role did shareholder approval play in the Customers Bancorp CEO’s Restricted Stock Units?

Footnotes state the grant of Restricted Stock Units to the CEO was contingent on shareholder approval of an amendment to Customers Bancorp’s 2019 Stock Incentive Plan. That shareholder approval was obtained on May 26, 2026, satisfying the condition attached to these RSU-based equity awards.

How are the Customers Bancorp CEO’s trust holdings described in the Form 4 filing?

The filing reports indirect ownership of common stock through three irrevocable trusts, each listing 745 shares. Footnotes identify these as irrevocable trusts for the benefit of Lian Sidhu, Ziya Sidhu, and Kaira Sidhu, providing additional, trust-based exposure to Customers Bancorp equity.

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 05/28/2026 - 10:01 AM

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^*

Sidhu Samvir 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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO

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)
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	03/13/2026	03/13/2026	A		12,306	A	$64.72⁽¹⁾	534,020⁽²⁾	D
Common Stock	04/08/2026	04/08/2026	A		5,285	A	$73.8⁽¹⁾	539,305⁽³⁾	D
Common Stock								745	I	Trust⁽⁴⁾
Common Stock								745	I	Trust⁽⁵⁾
Common Stock								745	I	Trust⁽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)
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)

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 258,116 Restricted Stock Units.

3. Includes 263,401 Restricted Stock Units.

4. Irrevocable Trust FBO Lian Sidhu.

5. Irrevocable Trust FBO Ziya Sidhu.

6. Irrevocable Trust FBO Kaira Sidhu.

Remarks:

	/s/ Samvir Sidhu 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)

Source: View Original Filing on SEC EDGAR