Customers Bancorp, Inc. (symbol: CUBB) is the issuer of record for a Form 4 filing submitted to the SEC. Gill Mike reported acquisition or exercise transactions in this Form 4 filing.
Customers Bancorp, Inc. (CUBB) reported that director Mike Gill received an equity grant of 625 shares of Common Stock on September 15, 2026, as a grant or award. The shares were issued at a reported value of $78.91 per share in lieu of cash for director compensation for Q3 2026, bringing his direct holdings to 2,310 shares.
Customers Bancorp, Inc. (CUBB) reported that director Robert J. Buford acquired 847 shares of common stock on September 15, 2026 as a grant/award. A footnote states the stock was issued in lieu of cash for director compensation for Q3 2026. Following this award, he directly holds 25,320 shares of common stock. No transactions were made under a Rule 10b5-1 trading plan.
Customers Bancorp, Inc. (CUBB) reported that Chief Risk Officer Nicholas John Robinson had 479 shares of Common Stock withheld on September 3, 2026 to pay tax liability by delivering or withholding securities in connection with the vesting of a previously issued restricted stock award. After this tax-withholding disposition, he holds 13,235 shares directly, which include 10,306 Restricted Stock Units.
Customers Bancorp, Inc. director Andrea R. Allon reported a sale of 10,000 shares of Common Stock on 2026-08-13 at $82.81 per share in an open-market or private transaction. Following this sale, Allon directly holds 30,034 shares, plus 965 shares held indirectly through a spouse.
Wellington Management Group LLP and affiliated entities report a significant institutional position in Customers Bancorp, Inc. common stock. They collectively report beneficial ownership of 4,035,500 shares, representing 11.93% of the outstanding common stock. All reported shares are held with shared voting and shared dispositive power; none are held with sole voting or dispositive power. The shares are owned of record by clients of various Wellington investment advisers, which are controlled through a tiered holding-company structure headed by Wellington Management Group LLP. Certain clients, including Bay Pond Partners, L.P. and Bay Pond Investors (Bermuda) L.P., may each have rights to more than five percent of this class through their client accounts.
Customers Bancorp reported stronger profitability for the quarter and first half of 2026. For the three months ended June 30, net income was 71,560 (thousands) versus 60,939 in 2025, and diluted EPS was $2.05 versus $1.73. For the six-month period, net income rose to 141,213 (thousands) from 73,851 and diluted EPS to $4.02 from $2.02. The change reflects higher net interest income, lower year-to-date credit loss provision, and the absence of a prior-year 51,319 impairment on debt securities, partly offset by higher operating expenses.
At June 30, 2026, total assets were 26,520,789, loans and leases receivable were 16,217,068, and deposits were 21,732,897, all above year-end 2025 levels. The allowance for credit losses on loans and leases increased to 164,106, driven mainly by loan growth, while loans 30 days or more past due declined to 62,847 from 96,229 and non-accrual loans increased to 54,722 from 41,272. Shareholders’ equity improved to 2,205,692 alongside a negative accumulated other comprehensive income balance of 58,346.
Liquidity remained solid, with cash and cash equivalents of 4,178,852. In the first half of 2026, the company increased FHLB advances to 2,059,163, repaid 110,000 of subordinated long-term debt, and repurchased 714,472 common shares for 49,396 under its share repurchase activity.
Customers Bancorp, Inc. Chairman and director Jay S. Sidhu sold 68,821 shares of Common Stock on August 3, 2026 at a weighted average price of $80.0888 per share, in multiple trades between $79.265 and $80.43. He now directly holds 667,757 shares, including 53,669 Restricted Stock Units, plus additional indirect holdings through his spouse and several family trusts.
Customers Bancorp, Inc. Chairman and director Jay S. Sidhu reported sales of 31,179 shares of common stock in open‑market or private transactions at weighted average prices around $79 per share. One transaction was executed in multiple trades between $79.00 and $79.50. Reported positions also include 53,669 Restricted Stock Units and 3,701 shares held indirectly through a spouse’s individual account, plus additional indirect holdings in several family trusts.
Customers Bancorp, Inc. filed a notice of proposed resale of common stock under Rule 144. The plan includes a proposed sale of 100,000 common shares through UBS Financial Services Inc., with the shares listed on the NYSE. Additional common shares associated with the CUBI Equity Plan are also covered, including 12,207 shares with a proposed sale date of July 29, 2026. The notice further records that 60,315 common shares were sold in the prior three months, for aggregate consideration of 4,597,567, with Jay Sidhu identified in the filer details.
Customers Bancorp, Inc. entered into a First Amended Employment Agreement with its Executive Vice President and Chief Financial Officer, Mark R. McCollom, effective July 24, 2026. The new agreement replaces the June 10, 2025 employment agreement and keeps most prior terms while adjusting several key provisions.
The employment term now automatically renews for one (1)-year on each anniversary of the original effective date unless either party gives at least sixty (60) days’ cancellation notice. Mr. McCollom’s own resignation notice requirement is shortened from 60 to forty-five (45) days. Receipt of severance compensation is conditioned on signing a release of claims, and health, dental and life insurance benefits continue during the severance payment period. The agreement also adds a 12‑month noncompete after termination within the Company’s Field of Interest and Restricted Area(s), and incorporates the Restricted Area concept into other restrictive covenants. The full amended agreement is filed as Exhibit 10.1.