Tax withholding trims Customers Bancorp (NYSE: CUBI) stake by 393 shares

Rhea-AI Filing Summary

Customers Bancorp, Inc. Chief Credit Officer Thomas Henry Kasulka reported a small share disposal tied to equity compensation. On the vesting of a previously granted restricted stock award, 393 shares of common stock were withheld to cover taxes at a price of $69.60 per share, coded as a tax-withholding disposition.

After this non‑market transaction, Kasulka’s reported direct holdings total 19,860 shares of common stock, which includes 15,166 restricted stock units. This reflects routine share withholding for tax obligations rather than an open‑market sale.

Insider Trade Summary

Net Seller: 393 shares

Net Sell 1 txn

Insider Kasulka Thomas Henry

Role Chief Credit Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	393	$69.60	$27K

Holdings After Transaction: Common Stock — 19,860 shares (Direct)

Footnotes (2)

1. F1. Shares withheld for taxes upon vesting of previously issued restricted stock award.
2. F2. Includes 15,166 Restricted Stock Units.

FAQ

What insider transaction did Customers Bancorp (CUBI) report for Thomas Kasulka?

Customers Bancorp reported that Chief Credit Officer Thomas Kasulka had 393 common shares withheld for taxes upon vesting of a restricted stock award at $69.60 per share. This was a tax-withholding disposition, not an open-market sale.

How many Customers Bancorp shares were involved and at what price?

The transaction involved 393 shares of Customers Bancorp common stock at $69.60 per share. These shares were withheld to satisfy tax obligations triggered by the vesting of a previously issued restricted stock award, rather than being sold on the market.

Is the Customers Bancorp Form 4 transaction a tax withholding or an open-market sale?

The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company upon vesting of a restricted stock award to cover tax liabilities, as indicated by the transaction code F and related footnote language.

What are Thomas Kasulka’s reported Customers Bancorp holdings after this transaction?

After the transaction, Thomas Kasulka reports ownership of 19,860 shares of Customers Bancorp common stock. This figure includes 15,166 restricted stock units, reflecting both vested and unvested equity awards in his direct holdings disclosed in the filing.

What does the footnote about 15,166 restricted stock units mean for CUBI?

The footnote explains that Kasulka’s reported total of 19,860 shares includes 15,166 restricted stock units. Restricted stock units are share-based awards that typically vest over time, indicating a significant portion of his interest in Customers Bancorp is in unvested equity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/25/2026 - 04:02 PM Learn about SEC filing dates

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^*

Kasulka Thomas Henry

(Last) (First) (Middle)

701 READING AVENUE

(Street)

WEST READING PA 19611

(City) (State) (Zip)

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 Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/23/2026	02/23/2026	F		393(1)	D	$69.6	19,860(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. Shares withheld for taxes upon vesting of previously issued restricted stock award.

2. Includes 15,166 Restricted Stock Units.

Remarks:

	/s/ Thomas H. Kasulka by Andrew Sachs under Power of Attorney	02/25/2026
	** 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.