Customers Bancorp (CUBB) officer withholds 467 shares for tax on RSU vesting
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kasulka Thomas Henry
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 467 | $70.95 | $33K |
Holdings After Transaction:
Common Stock — 21,341 shares (Direct)
Footnotes (1)
- Shares withheld for taxes upon vesting of previously issued restricted stock award. Includes 19,132 Restricted Stock Units.
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.
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.