Welcome to our dedicated page for Customers Ban Nt SEC filings (Ticker: CUBB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Customers Bancorp, Inc. filings document the disclosure record for a Pennsylvania bank holding company with voting common stock and 5.375% Subordinated Notes due 2034 registered on the New York Stock Exchange. The company's 8-K reports cover operating results, Regulation FD materials, shareholder letters, capital actions, board and executive changes, and compensatory arrangements involving Customers Bancorp and Customers Bank.
Proxy materials disclose board governance, shareholder voting matters, executive compensation, equity awards, and related governance practices. The filings also identify the issuer's capital structure, including the CUBB subordinated debt security and the CUBI voting common stock.
Customers Bancorp CEO Samvir S. Sidhu, who also serves as a director, reported an automatic share withholding related to equity compensation. On January 5, 2026, 838 shares of common stock were withheld at $76.18 per share to cover taxes upon vesting of a previously issued restricted stock award, as described in the footnotes. Following this transaction, he beneficially owns 517,529 shares of common stock directly, which includes 270,620 restricted stock units. The filing also lists 745 shares of common stock held indirectly in each of three irrevocable trusts for the benefit of Lian, Ziya, and Kaira Sidhu.
Customers Bancorp Chief Banking Officer Lyle Cunningham reported an automatic share withholding tied to equity compensation. On January 5, 2026, 749 shares of Common Stock were withheld at $76.18 per share to cover taxes due on the vesting of a previously granted restricted stock award. After this tax-related transaction, Cunningham beneficially owned 49,842 shares of Customers Bancorp common stock, which the disclosure states includes 22,633 Restricted Stock Units. The filing lists all of these holdings as owned directly.
Customers Bancorp, Inc. Chairman and Director Jay S. Sidhu reported a tax-related share withholding tied to an equity award. On January 5, 2026, 551 shares of common stock were withheld at $76.18 per share, identified as shares "withheld for taxes upon vesting of previously issued restricted stock award." After this adjustment, Sidhu directly beneficially owned 789,480 shares of common stock, which the filing notes includes 76,288 restricted stock units.
The filing also lists indirect holdings. These consist of 3,701 shares held by his spouse and additional blocks of 213,560, 181,825, and 158,552 shares held through specified family and irrevocable trusts. The report reflects Sidhu’s roles as both Chairman and Director of Customers Bancorp.
Customers Bancorp executive Philip Watkins reported a routine tax-related share withholding. On January 5, 2026, 636 shares of Customers Bancorp common stock were withheld at $76.18 per share to cover taxes due on the vesting of a previously issued restricted stock award. After this transaction, Watkins beneficially owned 50,213 shares of common stock, which includes 22,581 Restricted Stock Units. The filing shows he holds these shares directly as Executive Vice President and Head of Corporate Development.
Customers Bancorp, Inc. reported leadership and compensation changes tied to its senior executives. The Board appointed Chief Executive Officer Sam Sidhu as a director of the company, effective January 1, 2026, and increased the Board size to thirteen members. He will not receive separate director fees, with his pay set under a new employment agreement.
The company entered into updated employment agreements effective January 1, 2026 for Executive Chairman Jay Sidhu and CEO Sam Sidhu. Jay Sidhu’s contract provides a base salary of at least $650,000 and long‑term incentives targeting 200% of base salary, plus an expected non‑qualified SERP benefit of $300,000 per year for 15 years, along with detailed severance and change‑in‑control protections. Sam Sidhu’s agreement provides a base salary of at least $975,000, long‑term incentives targeting 150% of base salary, short‑term incentives targeting 100% of base salary, and an expected SERP benefit of $600,000 per year for life, plus similar severance and change‑in‑control terms.
In connection with his CEO role, Sam Sidhu also received an incentive award of 225,000 performance‑based restricted stock units under the 2019 Stock Incentive Plan, documented in a Performance Share Unit Agreement. The company issued a press release announcing his Board appointment.
Customers Bancorp, Inc. chairman and director Jay S. Sidhu reported changes in his indirect ownership of the company’s common stock as of 12/31/2025. The filing shows several transactions coded “G” at a price of $ 73.4 per share involving accounts held by his spouse and various family trusts.
Following these transactions, Sidhu reports 3,701 shares held indirectly by his spouse, 158,552 shares held indirectly in “Trust (1),” and 181,825 shares held indirectly in “Trust (2).” He also reports 790,031 common shares held directly, which the filing states includes 78,146 Restricted Stock Units, and an additional 213,560 shares held indirectly in “Trust (4).” The form indicates it is filed by one reporting person and identifies Sidhu as both a director and officer (Chairman) of the company.
Customers Bancorp, Inc. entered into a Second Supplemental Indenture with Wilmington Trust to issue $100,000,000 of 6.875% Fixed-to-Floating Rate Subordinated Notes due 2036. These Notes are subordinated obligations of the company, ranking below its senior and secured debt and structurally below all liabilities of its subsidiaries.
The Notes pay a fixed interest rate of 6.875% per year from issuance to, but excluding, January 15, 2031, with semi-annual payments each January 15 and July 15, starting July 15, 2026. From January 15, 2031 to January 15, 2036, interest resets quarterly to a floating rate equal to a Benchmark rate, expected to be Three-Month Term SOFR, plus 342 basis points, with quarterly payments each January 15, April 15, July 15 and October 15.
The company may redeem the Notes at par plus accrued interest, at its option, beginning on January 15, 2031 and on any interest payment date thereafter. The Indenture includes covenants that restrict certain actions involving equity and debt of material subsidiaries, including Customers Bank, and sets customary events of default and other standard terms.
Customers Bancorp, Inc. reported an insider equity transaction by its Chief Banking Officer, Lyle Cunningham. On 12/19/2025, 1,552 shares of common stock were withheld to cover taxes due upon the vesting of a previously issued restricted stock award. This did not represent an open‑market sale.
After this tax withholding, Cunningham beneficially owned 50,591 shares of Customers Bancorp common stock directly, which includes 24,491 restricted stock units that remain subject to vesting or other conditions.
Customers Bancorp, Inc. reported an insider equity transaction by its Chief Risk Officer, Nicholas J. Robinson. On 12/19/2025, 1,286 shares of common stock were withheld to cover taxes due upon vesting of a previously issued restricted stock award at a price of $75.83 per share. After this tax withholding, Robinson beneficially owns 9,773 shares of common stock, which include 7,692 Restricted Stock Units. The form was signed under a power of attorney by Andrew Sachs on Robinson’s behalf.
Customers Bancorp, Inc. reported that its Chief Credit Officer filed a change in ownership form for company stock. On 12/19/2025, 1,088 shares of common stock were withheld at a price of $75.83 per share to cover taxes upon vesting of a previously issued restricted stock award. After this tax withholding, the officer beneficially owned 20,253 shares of common stock, including 16,116 restricted stock units, all held directly.