STOCK TITAN

Customers Bancorp (CUBB) officer withholds 467 shares for tax on RSU vesting

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Customers Bancorp, Inc. reported an insider equity transaction by its Chief Credit Officer, Thomas H. Kasulka. On 12/05/2025, 467 shares of common stock were withheld at a price of $70.95 per share to cover taxes related to the vesting of a previously granted restricted stock award. After this tax withholding, Kasulka beneficially owned 21,341 shares of Customers Bancorp common stock, which includes 19,132 Restricted Stock Units. This filing reflects routine equity compensation and associated tax settlement for a company officer.

Positive

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Negative

  • None.
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)
12/05/2025
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 12/05/2025 12/05/2025 F 467(1) D $70.95 21,341(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 19,132 Restricted Stock Units.
Remarks:
/s/ Thomas H. Kasulka by Andrew Sachs under Power of Attorney 12/08/2025
** 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.

FAQ

What insider transaction did Customers Bancorp (CUBB) disclose in this Form 4?

The Chief Credit Officer, Thomas H. Kasulka, had 467 shares of Customers Bancorp common stock withheld on 12/05/2025 to cover taxes on a vesting restricted stock award.

At what price were Customers Bancorp (CUBB) shares withheld for taxes?

The 467 shares were withheld at a price of $70.95 per share in connection with the tax obligation on the vesting of restricted stock.

How many Customers Bancorp (CUBB) shares does the reporting officer own after the transaction?

Following the tax withholding transaction, Thomas H. Kasulka beneficially owned 21,341 shares of Customers Bancorp common stock in total.

How many Restricted Stock Units does the Customers Bancorp (CUBB) officer hold?

The total beneficial ownership of 21,341 shares includes 19,132 Restricted Stock Units held by the Chief Credit Officer.

What is the role of the reporting person in Customers Bancorp (CUBB)?

The reporting person, Thomas H. Kasulka, is an officer of Customers Bancorp serving as the company’s Chief Credit Officer.

Was the Customers Bancorp (CUBB) transaction a sale on the open market?

No. The 467 shares were withheld for taxes upon vesting of a previously issued restricted stock award, rather than sold in an open-market transaction.
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