[Form 4/A] CUSTOMERS BANCORP INC Amended Insider Trading Activity

Rhea-AI Filing Summary

Customers Bancorp, Inc. (CUBI) filed an amended Form 4 disclosing that Chief Credit Officer Thomas H. Kasulka received an equity grant of 6,893 Restricted Stock Units (RSUs) on 07/09/2025 at a reference price of $63.97 per share. The amendment corrects the initial 07/10/2025 filing, which understated the grant at 3,447 RSUs.

Following the grant, Kasulka’s direct beneficial ownership stands at 21,808 common shares, comprised of 1,382 shares and 20,426 unvested RSUs. The RSUs vest in three equal annual installments, strengthening management’s long-term alignment with shareholders but do not represent an open-market purchase.

The filing is administrative—it adjusts previously mis-reported figures rather than signalling new insider buying or selling. No cash changed hands and there is no impact on the company’s operations or financial results.

Positive

• Increased insider alignment: Kasulka’s direct beneficial ownership rises to 21,808 shares, including 20,426 RSUs.
• Multi-year vesting schedule: Three-year vesting encourages long-term executive focus on CUBI performance.

Negative

• Administrative correction only: No new cash purchase, limiting the signaling value to investors.
• Prior reporting error: Initial Form 4 understated RSUs, reflecting a lapse in disclosure accuracy.

Insights

Financial Analyst

TL;DR: Officer corrected RSU grant to 6,893 units; administrative, low financial impact.

The Form 4/A simply revises the size of a previously reported equity award. Grants of time-based RSUs are routine components of executive compensation and do not require cash outlay by the insider. Although the larger award marginally increases insider ownership—now ~21.8 k shares—it does not provide the demand signal created by open-market buying. From an investment perspective, the fact that the amendment fixes a reporting error is neutral; it neither improves nor worsens the firm’s fundamentals.

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^*

Kasulka Thomas Henry

(Last) (First) (Middle)

701 READING AVENUE

(Street)

WEST READING PA 19611

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc. [ CUBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
07/10/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/09/2025		A		6,893(1)(2)	A	$63.97	21,808(3)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Grant of Restricted Stock Units with shares vesting in 3 equal annual installments in accordance with the terms of the award.

2. The Initial Form 4 Filing on July 10, 2025 mistakenly reported the number of Restricted Stock Units as 3,447.

3. Includes 20,426 Restricted Stock Units.

Remarks:

	/s/ Thomas H. Kasulka by Andrew Sachs under Power of Attorney	07/11/2025
	** 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.

FAQ

Why did Customers Bancorp (CUBI) file a Form 4/A?

The amendment corrects the number of RSUs granted to Thomas H. Kasulka from 3,447 to 6,893.

How many shares does the Chief Credit Officer now own?

After the correction, Kasulka holds 21,808 shares directly, including 20,426 unvested RSUs.

Was the transaction an open-market purchase?

No. The shares were granted as Restricted Stock Units; no cash transaction occurred.

What is the vesting schedule for the 6,893 RSUs?

The RSUs vest in three equal annual installments.

What reference price was used for the RSU grant?

The filing lists a grant price of $63.97 per share.

Does this filing affect Customers Bancorp’s earnings?

No, it is an administrative correction with no impact on reported financial results.