Customers Bancorp (CUBB) COO updates Form 3 to correct RSU count
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Customers Bancorp, Inc.’s Chief Operating Officer filed an amended initial ownership report. The Form 3/A shows beneficial ownership of 2,903 shares of common stock, all represented by restricted stock units. The amendment corrects a prior filing that mistakenly reported 2,093 instead of 2,903 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wyremski Stephen Francis
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,903 shares (Direct)
Footnotes (1)
- Includes 2,903 Restricted Stock Units. Previously filed Form 3 reported 2,093 instead of 2,903.
FAQ
What does the amended Form 3/A for Customers Bancorp (CUBB) disclose?
The amended Form 3/A discloses that Customers Bancorp’s Chief Operating Officer beneficially owns 2,903 shares of common stock, all in the form of restricted stock units. It updates the insider’s initial ownership position as of January 28, 2026.
Why was the Customers Bancorp (CUBB) Form 3 amended?
The Form 3 was amended because the previously filed report stated 2,093 restricted stock units instead of the correct number, 2,903. The amendment fixes this 810-unit understatement in the Chief Operating Officer’s reported beneficial ownership.
What type of securities are reported in the Customers Bancorp (CUBB) Form 3/A?
The Form 3/A reports ownership of common stock of Customers Bancorp, Inc. The explanation states the position includes 2,903 restricted stock units, which are equity-based awards that convert into common shares under the company’s compensation arrangements.
Did the Customers Bancorp (CUBB) Form 3/A report any derivative securities?
No derivative securities are listed in the amended filing’s Table II. The report only shows common stock, with the explanatory note clarifying that the 2,903 reported shares are in the form of restricted stock units held by the Chief Operating Officer.