[Form 4] Customers Bancorp, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Customers Bancorp, Inc. CEO Samvir S. Sidhu reported a routine tax-withholding transaction involving company stock. On April 8, 2026, 1,562 shares of common stock were withheld at $73.80 per share to cover taxes upon vesting of a previously issued restricted stock award.
After this withholding, Sidhu directly holds 522,103 common shares, which include 248,343 Restricted Stock Units. In addition, three irrevocable trusts for family members each hold 745 common shares, reported as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Sidhu Samvir S.
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,562 | $73.80 | $115K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 522,103 shares (Direct);
Common Stock — 745 shares (Indirect, Trust)
Footnotes (1)
- Shares withheld for taxes upon vesting of previously issued restricted stock award. Includes 248,343 Restricted Stock Units. Irrevocable Trust FBO Lian Sidhu. Irrevocable Trust FBO Ziya Sidhu. Irrevocable Trust FBO Kaira Sidhu.
Key Figures
Shares withheld for taxes: 1,562 shares
Withholding price: $73.80 per share
Direct holdings after transaction: 522,103 shares
+3 more
6 metrics
Shares withheld for taxes
1,562 shares
Tax-withholding disposition on April 8, 2026
Withholding price
$73.80 per share
Value used for tax-withholding transaction
Direct holdings after transaction
522,103 shares
CEO direct common stock ownership following withholding
Restricted Stock Units included
248,343 RSUs
Portion of CEO direct holdings comprised of RSUs
Tax-withholding shares (summary)
1,562 shares
TaxWithholdingShares in transaction summary
Shares per family trust
745 shares
Each irrevocable trust’s Customers Bancorp common stock holdings
Key Terms
Restricted Stock Units, tax-withholding disposition, Irrevocable Trust, Form 4
4 terms
Restricted Stock Units financial
"Includes 248,343 Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Irrevocable Trust financial
"Irrevocable Trust FBO Lian Sidhu."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.