Customers Bancorp chair sells 31,179 shares
Customers Bancorp, Inc. Chairman and director Jay S. Sidhu reported sales of 31,179 shares of common stock in open‑market or private transactions at weighted average prices around $79 per share.
Rhea-AI Filing Summary
Customers Bancorp, Inc. Chairman and director Jay S. Sidhu reported sales of 31,179 shares of common stock in open‑market or private transactions at weighted average prices around $79 per share. One transaction was executed in multiple trades between $79.00 and $79.50. Reported positions also include 53,669 Restricted Stock Units and 3,701 shares held indirectly through a spouse’s individual account, plus additional indirect holdings in several family trusts.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 31,179 shares
Net Sell
6 txns
Insider
SIDHU JAY S
Role
Chairman
Sold
31,179 shs ($2.47M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 835 | $79.00 | $66K |
| Sale | Common Stock F1, F2 | 30,344 | $79.1975 | $2.40M |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 736,578 shares (Direct);
Common Stock — 3,701 shares (Indirect, Spouse);
Common Stock — 553,937 shares (Indirect, Trust)
Footnotes (6)
- F1. This transaction was executed in multiple trades at prices ranging from $79.00 to $79.50. 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
Shares sold on 2026-07-29: 30,344 shares
Weighted average price 2026-07-29: $79.1975 per share
Shares sold on 2026-07-30: 835 shares
+5 more
8 metrics
Shares sold on 2026-07-29
30,344 shares
Non-derivative common stock sale by Jay S. Sidhu at weighted average price
Weighted average price 2026-07-29
$79.1975 per share
Sale of 30,344 common shares in open-market or private transactions
Shares sold on 2026-07-30
835 shares
Additional non-derivative common stock sale by Jay S. Sidhu
Price on 2026-07-30 sale
$79.00 per share
Per-share price for 835-share common stock sale
Total shares sold
31,179 shares
Aggregate of reported non-derivative common stock sales
Restricted Stock Units
53,669 units
Reported as included within Sidhu’s holdings
Indirect spouse-held shares
3,701 shares
Shares held in Sherry Sidhu individual account, reported as indirect ownership
Sale price range
$79.00–$79.50 per share
Price range for multiple trades comprising one reported transaction
Key Terms
Restricted Stock Units, weighted average sale price, Irrevocable Trust, Family Trust
4 terms
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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Irrevocable Trust financial
"Descendants Irrevocable Trust."
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.
Family Trust financial
"Family Trust No. 1."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock sale did Customers Bancorp (CUBB) report for Jay S. Sidhu?
Customers Bancorp Chairman Jay S. Sidhu reported selling 31,179 shares of common stock at prices around $79 per share. The transactions include multiple trades on July 29–30, 2026, classified as open‑market or private sales of non‑derivative common stock.
What ongoing equity interests does Jay S. Sidhu have in Customers Bancorp (CUBB)?
Reported positions include 53,669 Restricted Stock Units and 3,701 shares held indirectly through a spouse’s individual account. Additional indirect interests are reported through several family and irrevocable trusts, though specific share counts for those trusts are not detailed in the provided data.
How are Jay S. Sidhu’s indirect Customers Bancorp (CUBB) holdings structured?
Indirect holdings include 3,701 shares in a spouse’s individual account and interests held through multiple family and irrevocable trusts. Footnotes identify a Sherry Sidhu individual account and several Sidhu family trusts, indicating various vehicles through which common stock is indirectly owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.
