CUBI insider reports tax-withheld shares; 53,749 owned post-trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Customers Bancorp, Inc. reported an insider transaction by its EVP, Head of Corporate Development. On 10/24/2025, the officer had 3,763 shares of common stock withheld to cover taxes upon vesting of a prior restricted stock award (Transaction Code F) at $70.11 per share. Following the transaction, the officer beneficially owns 53,749 shares, which includes 24,439 Restricted Stock Units. The filing was made by one reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Watkins Philip
Role
EVP, Head of Corp Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,763 | $70.11 | $264K |
Holdings After Transaction:
Common Stock — 53,749 shares (Direct)
Footnotes (1)
- Shares withheld for taxes upon vesting of previously issued restricted stock award. Includes 24,439 Restricted Stock Units.
FAQ
What did Customers Bancorp (CUBI) disclose in this Form 4?
An officer had 3,763 shares withheld to satisfy taxes upon RSU vesting on 10/24/2025 at $70.11 per share (Code F).
Who is the reporting person and their role at Customers Bancorp (CUBI)?
The reporting person is an Officer, serving as EVP, Head of Corporate Development.
Does the reported ownership include restricted stock units (RSUs)?
Yes. The ownership includes 24,439 Restricted Stock Units.
What was the transaction code and what does it indicate?
The code was F, indicating shares were withheld to cover taxes upon vesting of equity awards.
Was the filing made by one or multiple reporting persons?
It was filed by one reporting person.