Customers Bancorp chair reports tax share withholding

Customers Bancorp Chairman Jay S. Sidhu reported a routine tax-related share disposition.

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Rhea-AI Filing Summary

Customers Bancorp Chairman Jay S. Sidhu reported a routine tax-related share disposition. On April 12, 2026, 1,325 shares of common stock were withheld at $73.99 per share to cover taxes upon vesting of a previously issued restricted stock award, not an open-market sale.

After this withholding, Sidhu directly holds 804,795 common shares, plus additional indirect holdings through a spouse account and several family trusts, including 30,592 Restricted Stock Units. The filing reflects compensation-related vesting and associated tax settlement rather than discretionary trading.

Insider Trade Summary

Exercise Price or Tax Liability: 1,325 shares

Exercise Price or Tax Liability 5 txns

Insider SIDHU JAY S

Role Chairman

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,325	$73.99	$98K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 804,795 shares (Direct); Common Stock — 3,701 shares (Indirect, Spouse); Common Stock — 553,937 shares (Indirect, Trust)

Footnotes (6)

F1. Shares withheld for taxes upon vesting of previously issued restricted stock award.
F2. Includes 30,592 Restricted Stock Units.
F3. Shares held in Sherry Sidhu Individual Account
F4. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
F5. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1.
F6. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.

FAQ

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What did Customers Bancorp (CUBI) Chairman Jay S. Sidhu report in this Form 4?

Jay S. Sidhu reported a tax-related share disposition, where 1,325 Customers Bancorp common shares were withheld at $73.99 each to satisfy taxes after restricted stock vested. This was a compensation and tax event, not an open-market purchase or sale.

How many Customers Bancorp (CUBI) shares does Jay S. Sidhu hold after this transaction?

Following the tax withholding, Jay S. Sidhu directly owns 804,795 Customers Bancorp common shares. He also has indirect holdings through a spouse account and several family trusts, which collectively include additional common shares and 30,592 Restricted Stock Units.

Was Jay S. Sidhu’s Customers Bancorp (CUBI) transaction an open-market sale?

No, the filing shows 1,325 Customers Bancorp shares were withheld to cover tax liabilities on a restricted stock vesting. This is coded as a tax-withholding disposition, meaning the shares went to satisfy taxes rather than being sold in the open market.

What price was used for the tax-withholding shares in Jay S. Sidhu’s Form 4?

The 1,325 Customers Bancorp shares withheld for taxes were valued at $73.99 per share. This price is used to calculate the value of stock applied toward Sidhu’s tax obligations upon vesting of the restricted stock award.

What indirect Customers Bancorp (CUBI) holdings are reported for Jay S. Sidhu?

The Form 4 lists indirect ownership in Customers Bancorp common stock through a spouse’s individual account and several family trusts. These indirect positions total multiple blocks of shares, and the filing notes that 30,592 of these are Restricted Stock Units.

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Accepted by SEC EDGAR 04/14/2026 - 01:22 PM

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^*

SIDHU JAY S

(Last)

(First)

(Middle)

701 READING AVENUE

(Street)

WEST READING

PENNSYLVANIA

19611

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc. [ CUBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/12/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/12/2026	04/12/2026	F		1,325⁽¹⁾	D	$73.99	804,795⁽²⁾	D
Common Stock								3,701	I	Spouse⁽³⁾
Common Stock								213,560	I	Trust⁽⁴⁾
Common Stock								181,825	I	Trust⁽⁵⁾
Common Stock								158,552	I	Trust⁽⁶⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares withheld for taxes upon vesting of previously issued restricted stock award.

2. Includes 30,592 Restricted Stock Units.

3. Shares held in Sherry Sidhu Individual Account

4. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.

5. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1.

6. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.

Remarks:

	/s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney	04/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR