STOCK TITAN

Customers Bancorp (NYSE: CUBI) CEO Sidhu logs tax withholding on stock vesting

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Customers Bancorp CEO Samvir S. Sidhu, who also serves as a director, reported an automatic share withholding related to equity compensation. On January 5, 2026, 838 shares of common stock were withheld at $76.18 per share to cover taxes upon vesting of a previously issued restricted stock award, as described in the footnotes. Following this transaction, he beneficially owns 517,529 shares of common stock directly, which includes 270,620 restricted stock units. The filing also lists 745 shares of common stock held indirectly in each of three irrevocable trusts for the benefit of Lian, Ziya, and Kaira Sidhu.

Positive

  • None.

Negative

  • None.
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*
Sidhu Samvir S.

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026
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 01/05/2026 01/05/2026 F 838(1) D $76.18 517,529(2) D
Common Stock 745 I Trust(3)
Common Stock 745 I Trust(4)
Common Stock 745 I Trust(5)
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 270,620 Restricted Stock Units.
3. Irrevocable Trust FBO Lian Sidhu.
4. Irrevocable Trust FBO Ziya Sidhu.
5. Irrevocable Trust FBO Kaira Sidhu.
Remarks:
/s/ Samvir Sidhu by Andrew Sachs under Power of Attorney 01/07/2026
** 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.
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

What insider transaction did Customers Bancorp CEO Samvir S. Sidhu report?

Samvir S. Sidhu reported that 838 shares of Customers Bancorp common stock were withheld on January 5, 2026 to satisfy taxes due upon the vesting of a previously issued restricted stock award, at a price of $76.18 per share.

Was the Customers Bancorp (CUBI) Form 4 transaction an open-market sale?

No. The Form 4 describes the transaction as shares withheld for taxes upon vesting of a previously issued restricted stock award, rather than an open-market sale.

How many Customers Bancorp shares does Samvir S. Sidhu beneficially own after this transaction?

After the reported tax-withholding transaction, Samvir S. Sidhu beneficially owns 517,529 shares of Customers Bancorp common stock directly, which includes 270,620 restricted stock units.

What does the footnote about restricted stock units in the Customers Bancorp Form 4 mean?

The Form 4 states that the post-transaction holding of 517,529 shares of common stock includes 270,620 restricted stock units, indicating that part of his beneficial ownership comes from unvested or restricted equity awards.

What are the trusts mentioned in the Customers Bancorp (CUBI) insider filing?

The filing lists indirect ownership of 745 shares of common stock in each of three irrevocable trusts described as Irrevocable Trust FBO Lian Sidhu, Irrevocable Trust FBO Ziya Sidhu, and Irrevocable Trust FBO Kaira Sidhu.

What transaction code is used in this Customers Bancorp Form 4 and what does the footnote say about it?

The Form 4 uses transaction code F for the January 5, 2026 event, and the related footnote explains that these were shares withheld for taxes upon vesting of a previously issued restricted stock award.

Customers Bancorp Inc

NYSE:CUBI

CUBI Rankings

CUBI Latest News

CUBI Latest SEC Filings

CUBI Stock Data

2.68B
31.77M
7.59%
84.73%
4.05%
Banks - Regional
State Commercial Banks
Link
United States
WEST READING