STOCK TITAN

Customers Bancorp (NYSE: CUBB) chair sells 68,821 common shares

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Customers Bancorp, Inc. Chairman and director Jay S. Sidhu sold 68,821 shares of Common Stock on August 3, 2026 at a weighted average price of $80.0888 per share, in multiple trades between $79.265 and $80.43. He now directly holds 667,757 shares, including 53,669 Restricted Stock Units, plus additional indirect holdings through his spouse and several family trusts.

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Insider SIDHU JAY S
Role Chairman
Sold 68,821 shs ($5.51M)
Type Security Shares Price Value
Sale Common Stock F1, F2 68,821 $80.0888 $5.51M
holding Common Stock F3 -- -- --
holding Common Stock F4 -- -- --
holding Common Stock F5 -- -- --
holding Common Stock F6 -- -- --
Holdings After Transaction: Common Stock — 667,757 shares (Direct); Common Stock — 3,701 shares (Indirect, Spouse); Common Stock — 553,937 shares (Indirect, Trust)
Footnotes (6)
  1. F1. This transaction was executed in multiple trades at prices ranging from $79.265 to $80.43. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transition was affected
  2. F2. Includes 53,669 Restricted Stock Units.
  3. F3. Shares held in Sherry Sidhu Individual Account.
  4. F4. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
  5. F5. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1.
  6. F6. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.
Shares sold 68,821 shares Common Stock sale by Jay S. Sidhu on August 3, 2026
Weighted average sale price $80.0888 per share Average price for 68,821 shares sold in multiple trades
Trade price range $79.265–$80.43 per share Range of execution prices for the August 3, 2026 sale
Direct holdings after sale 667,757 shares Direct Common Stock holdings of Jay S. Sidhu following the reported sale
Restricted Stock Units included 53,669 Restricted Stock Units RSUs included within the 667,757 directly held shares
Indirect spouse holdings 3,701 shares Shares held in Sherry Sidhu Individual Account, reported as indirect ownership
Restricted Stock Units financial
"Includes 53,669 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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Irrevocable Trust financial
"and Descendants Irrevocable Trust."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Family Trust financial
"Family Trust No. 1."

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FAQ

What insider transaction did Customers Bancorp (CUBB) report for Jay S. Sidhu?

Jay S. Sidhu sold 68,821 shares of Customers Bancorp Common Stock on August 3, 2026. The sale was reported as an open-market or private transaction at a weighted average price of $80.0888 per share across multiple trades.

At what price were Jay S. Sidhu’s Customers Bancorp (CUBB) shares sold?

The reported sale used a weighted average price of $80.0888 per share. According to the trade details, individual executions occurred in multiple transactions at prices ranging from $79.265 to $80.43 per share on August 3, 2026.

How many Customers Bancorp (CUBB) shares does Jay S. Sidhu hold after the reported sale?

After the transaction, Jay S. Sidhu directly holds 667,757 shares of Customers Bancorp Common Stock. This direct position includes 53,669 Restricted Stock Units, reflecting both vested and unvested equity awards within his reported direct ownership balance.

What indirect Customers Bancorp (CUBB) holdings are associated with Jay S. Sidhu?

Indirectly, 3,701 shares are reported as held in the Sherry Sidhu Individual Account, attributed as spousal holdings. Additional indirect ownership is reported through several family and irrevocable trusts, though specific share counts for those trusts are not detailed here.

Were Jay S. Sidhu’s Customers Bancorp (CUBB) trades under a Rule 10b5-1 plan?

The report does not identify the August 3, 2026 sale as made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is not marked as an affirmative trading-plan transaction, and the footnotes provide no reference to such a plan.
SEC Form 4
FORM 4UNITED 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*
SIDHU JAY S

(Last)(First)(Middle)
701 READING AVENUE

(Street)
WEST READING PENNSYLVANIA 19611

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc. [ CUBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/03/202608/03/2026S68,821D$80.0888(1)667,757(2)D
Common Stock3,701ISpouse(3)
Common Stock213,560ITrust(4)
Common Stock181,825ITrust(5)
Common Stock158,552ITrust(6)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $79.265 to $80.43. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transition was affected
2. Includes 53,669 Restricted Stock Units.
3. Shares held in Sherry Sidhu Individual Account.
4. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
5. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1.
6. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.
Remarks:
/s/ Jay S. Sidhu by Andrew Sachs under Power of Attorney08/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)