Customers Bancorp Inc SEC Filings

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.

Customers Bancorp, Inc. completed an underwritten public offering of $100,000,000 aggregate principal amount of its 6.875% Fixed-to-Floating Rate Subordinated Notes due 2036. The notes were priced to investors at 100.00% of their principal amount, and the company expects net proceeds of approximately $98,000,000 after underwriting discounts and expenses.

Customers Bancorp plans to use the cash for general corporate purposes, which may include redeeming less than all of its 6.125% subordinated notes due 2029 on March 26, 2026, funding organic growth at Customers Bank, repaying other indebtedness, redeeming preferred stock once redeemable, repurchasing common stock, and financing possible acquisitions of financial services businesses. The notes were issued under an existing automatic shelf registration and are unsecured obligations that are not deposits and are not insured or guaranteed by the FDIC or any other governmental agency.

Customers Bancorp, Inc. is offering $100,000,000 of 6.875% fixed‑to‑floating rate subordinated notes due 2036. The notes pay a fixed 6.875% annual coupon, semiannually on January 15 and July 15 from issuance to January 15, 2031, then switch to a floating rate of Three‑Month Term SOFR plus 342 basis points, paid quarterly, with SOFR floored at zero. The notes mature on January 15, 2036 and may be redeemed at the company’s option at par plus accrued interest starting January 15, 2031 and earlier upon certain tax or regulatory capital events, in each case subject to Federal Reserve approval.

The notes are unsecured obligations of Customers Bancorp, structurally subordinated to all liabilities of its subsidiaries and junior to its senior indebtedness, including approximately $22.1 billion of consolidated liabilities as of September 30, 2025. They are not deposits, not FDIC insured, and will not be listed on any securities exchange. The public offering price is 100% of principal, with a 1.50% underwriting discount, resulting in estimated net proceeds of about $98,000,000 for general corporate purposes, including potential partial redemption of 2029 subordinated notes, bank growth, debt repayment, preferred stock redemptions, share repurchases and possible acquisitions. The company has also declared a $0.5726314 per share dividend on its Series F preferred stock and plans to redeem all 3,400,000 Series F shares at $25 per share on December 15, 2025.

Customers Bancorp, Inc. is having its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F, removed from listing and registration on the New York Stock Exchange. This Form 25 filing under Section 12(b) of the Securities Exchange Act of 1934 means this preferred stock series will no longer trade on the exchange, which can reduce public market liquidity and ease of trading for holders of that security.

Customers Bancorp, Inc. reported an insider stock sale by its Chief Accounting Officer. On December 9, 2025, the officer sold 2,242 shares of common stock, recorded as a disposition. The weighted average sale price was $71.046 per share, with individual trades executed between $71.665 and $71.0125. After this transaction, the officer beneficially owns 3,654 Restricted Stock Units, which represent rights to receive shares in the future subject to vesting conditions. This filing reflects a personal portfolio move by a senior executive rather than an operational change at the company.

Customers Bancorp, Inc. has a shareholder providing notice of a proposed sale of restricted common stock under Rule 144. The notice covers the planned sale of 2,242 common shares through UBS Financial Services Inc. on the NYSE, with an aggregate market value of 159,285 and total common shares outstanding of 34,168,077. The approximate sale date indicated is 12/09/2025.

The shares to be sold were acquired from Customers Bancorp, Inc. through multiple RSU vesting transactions on various dates in 2024 and 2025, including awards acquired on 02/23/2024, 03/22/2024, 04/04/2024, 03/15/2025, 03/22/2025, and 04/04/2025. The seller represents that they are not aware of any material adverse, non-public information about the company’s operations at the time of this notice.

Customers Bancorp, Inc. reported an insider equity transaction by its Chief Credit Officer, Thomas H. Kasulka. On 12/05/2025, 467 shares of common stock were withheld at a price of $70.95 per share to cover taxes related to the vesting of a previously granted restricted stock award. After this tax withholding, Kasulka beneficially owned 21,341 shares of Customers Bancorp common stock, which includes 19,132 Restricted Stock Units. This filing reflects routine equity compensation and associated tax settlement for a company officer.