Customers Bancorp CEO sells 24,784 shares at $68.0465 average
Customers Bancorp reported insider transactions by Chairman & CEO Jay S. Sidhu on three dates.
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Rhea-AI Filing Summary
Customers Bancorp reported insider transactions by Chairman & CEO Jay S. Sidhu on three dates. He sold 13,595 shares on 11/10/2025 at a weighted average price of $68.6924, 24,784 shares on 11/11/2025 at $68.0465, and 2,522 shares on 11/12/2025 at $68.3906 (each executed in multiple trades within stated price ranges).
Following these transactions, he beneficially owned 925,695 shares directly, which includes 78,146 Restricted Stock Units. He also reported indirect holdings through trusts of 213,560, 180,790, and 158,035 shares. The filing notes that detailed trade breakdowns are available upon request and that prices reflect weighted averages.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,522 | $68.3906 | $172K |
| Sale | Common Stock | 24,784 | $68.0465 | $1.69M |
| Sale | Common Stock | 13,595 | $68.6924 | $934K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. This transaction was executed in multiple trades at prices ranging from $68.50 to $68.835. 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 78,146 Restricted Stock Units.
- F3. This transaction was executed in multiple trades at prices ranging from $68.00 to $68.48. 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.
- F4. This transaction was executed in multiple trades at prices ranging from $68.00 to $68.84 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.
- F5. Shares held in Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust
- F6. Shares held in Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust 1
- F7. Shares held in Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust 2
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