Customers Bancorp (CUBI) officer has 998 shares withheld for taxes

Rhea-AI Filing Summary

Customers Bancorp, Inc. Chief Banking Officer Lyle Cunningham reported a routine tax-related share withholding. On the vesting of a previously issued restricted stock award, 998 shares of common stock were withheld at $64.72 per share to cover taxes. After this disposition, he directly owns 48,844 shares of common stock, which the filing notes includes 19,780 Restricted Stock Units. The transaction was coded as a tax-withholding disposition, not an open-market purchase or sale.

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

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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^*

Cunningham Lyle

(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 Banking Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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

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	03/15/2026	03/15/2026	F		998(1)	D	$64.72	48,844(2)	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. Shares withheld for taxes upon vesting of previously issued restricted stock award.

2. Includes 19,780 Restricted Stock Units.

Remarks:

	/s/Lyle Cunningham by Andrew Sachs Under Power of Attorney	03/17/2026
	** 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.
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FAQ

What insider transaction did Customers Bancorp (CUBB) report in this Form 4?

The Form 4 shows Chief Banking Officer Lyle Cunningham had 998 Customers Bancorp common shares withheld to cover taxes on a vesting restricted stock award. This was a tax-withholding disposition, not an open-market trade, and reflects standard equity compensation mechanics.

How many Customers Bancorp shares were withheld for taxes in Cunningham’s filing?

The filing reports that 998 shares of Customers Bancorp common stock were withheld to satisfy tax obligations on a vesting restricted stock award. The shares were valued at $64.72 each, according to the transaction price disclosed in the Form 4 for this tax-withholding disposition.

What is Lyle Cunningham’s Customers Bancorp share ownership after this Form 4?

After the tax-withholding disposition, Lyle Cunningham directly owns 48,844 shares of Customers Bancorp common stock. The filing specifies that this total includes 19,780 Restricted Stock Units, which represent granted equity that typically converts into shares upon future vesting conditions being met.

Was the Customers Bancorp Form 4 transaction an open-market sale or purchase?

No, the transaction was not an open-market sale or purchase. The Form 4 uses code F and describes it as payment of tax liability by delivering securities, meaning 998 shares were withheld to cover taxes when a restricted stock award vested, a routine compensation-related event.

What does transaction code F mean in the Customers Bancorp Form 4 for CUBB?

Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 998 Customers Bancorp shares were withheld for taxes on a vesting restricted stock award, so the transaction reflects a tax-withholding disposition rather than discretionary buying or selling in the market.