CUBI insider sale: CEO disposes 23,435 shares at ~$67.76 avg
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Customers Bancorp (CUBI) Chairman & CEO and director Jay S. Sidhu reported open-market sales of company stock. He sold 22,172 shares on 11/05/2025 at a weighted average price of $67.7583, and 1,263 shares on 11/06/2025 at $67.75. The weighted average on 11/05 reflects multiple trades within the $67.75–$67.885 range.
Following these transactions, he directly beneficially owns 966,596 shares, which includes 78,146 Restricted Stock Units. He also reports indirect holdings: 5,253 shares by spouse and trust positions of 213,560, 180,790, and 158,035 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 23,435 shares ($1,587,905)
Net Sell
6 txns
Insider
SIDHU JAY S
Role
Chairman & CEO
Sold
23,435 shs ($1.59M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,263 | $67.75 | $86K |
| Sale | Common Stock | 22,172 | $67.7583 | $1.50M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 966,596 shares (Direct);
Common Stock — 5,253 shares (Indirect, By Spouse)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $67.75 to $67.885. 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. Includes 78,146 Restricted Stock Units. Shares held in Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust Shares held in Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust 1 Shares held in Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust 2
FAQ
What are the CEO’s indirect CUBI holdings after the transactions?
Indirect holdings include 5,253 shares by spouse and trust holdings of 213,560, 180,790, and 158,035 shares.
What is the CEO’s relationship to Customers Bancorp?
He is a Director and serves as Chairman & CEO.
Were the 11/05 sales executed in multiple trades?
Yes. The report notes multiple trades in the $67.75–$67.885 range with a weighted average of $67.7583.