What indirect Customers Bancorp holdings are reported for Jay S. Sidhu and related accounts?

The filing lists several indirect positions, including 3,701 shares in an individual account for his spouse and large blocks held in multiple irrevocable and family trusts. These indirect holdings supplement his direct stake and reflect broader family ownership structures.

Customers Bancorp (NYSE: CUBI) chair logs routine tax share withholding

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Customers Bancorp, Inc. chairman Jay S. Sidhu reported a routine tax-related share withholding tied to a restricted stock vesting. On April 4, 2026, 6,657 shares of common stock were withheld at $70.41 per share to cover tax obligations, rather than sold in the open market.

After this transaction, he directly holds 779,282 common shares, which the footnotes state include 45,318 Restricted Stock Units. He also has indirect ownership positions, including 3,701 shares in an individual account for his spouse and sizeable blocks held in multiple family trusts.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider SIDHU JAY S

Role Chairman

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	6,657	$70.41	$469K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 779,282 shares (Direct); Common Stock — 3,701 shares (Indirect, Spouse)

Footnotes (1)

Shares withheld for taxes upon vesting of previously issued restricted stock award. Includes 45,318 Restricted Stock Units. Shares held in Sherry Sidhu Individual Account Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.

Key Figures

Tax-withheld shares: 6,657 shares Withholding price: $70.41 per share Direct holdings after transaction: 779,282 shares +5 more

8 metrics

Tax-withheld shares 6,657 shares Withheld for taxes upon restricted stock vesting on April 4, 2026

Withholding price $70.41 per share Price used for tax-withholding disposition

Direct holdings after transaction 779,282 shares Common Stock directly held by Jay S. Sidhu after April 4, 2026

Included RSUs 45,318 RSUs Restricted Stock Units included within direct holdings

Spouse account holdings 3,701 shares Indirect ownership via Sherry Sidhu individual account

Trust holdings example 1 213,560 shares Indirect ownership via an irrevocable trust

Trust holdings example 2 181,825 shares Indirect ownership via Family Trust No. 1

Trust holdings example 3 158,552 shares Indirect ownership via Family Trust No. 2

Key Terms

Restricted Stock Units, tax-withholding disposition, Form 4, indirect ownership, +2 more

6 terms

Restricted Stock Units financial

"Includes 45,318 Restricted Stock Units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

indirect ownership financial

""direct_or_indirect": "I", "nature_of_ownership":"

Irrevocable Trust financial

"and Descendants Irrevocable Trust."

Family Trust financial

"Family Trust No. 1."

Form 4 Insider Transactions: What Each Field Means →

04/07/2026 - 02:57 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)
04/04/2026

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	04/04/2026	04/04/2026	F		6,657⁽¹⁾	D	$70.41	779,282⁽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 45,318 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	04/07/2026
	** 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

FAQ

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

Jay S. Sidhu reported a tax-related share withholding, not an open-market sale. On April 4, 2026, 6,657 Customers Bancorp common shares were withheld to satisfy tax obligations from a restricted stock vesting, while his overall direct and indirect ownership stakes remain substantial.

How many Customers Bancorp shares were withheld for taxes in Sidhu’s filing?

The filing shows 6,657 Customers Bancorp common shares were withheld at $70.41 per share. This was classified as a tax-withholding disposition related to a previously issued restricted stock award vesting, rather than a discretionary sale of shares into the market.

How many Customers Bancorp shares does Jay S. Sidhu hold after this Form 4 transaction?

Following the reported tax withholding, Sidhu directly holds 779,282 Customers Bancorp common shares, including 45,318 Restricted Stock Units. He also reports additional indirect holdings through a spouse’s individual account and several family trusts that together represent significant ownership.

Is the Sidhu Form 4 transaction in Customers Bancorp stock a market sale?

No. The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover tax liabilities arising from the vesting of a restricted stock award, a common administrative step for equity compensation.