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Customers Bancorp (CUBI) chairman updates holdings after equity award tax withholding

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

Rhea-AI Filing Summary

Customers Bancorp, Inc. Chairman and Director Jay S. Sidhu reported a tax-related share withholding tied to an equity award. On January 5, 2026, 551 shares of common stock were withheld at $76.18 per share, identified as shares "withheld for taxes upon vesting of previously issued restricted stock award." After this adjustment, Sidhu directly beneficially owned 789,480 shares of common stock, which the filing notes includes 76,288 restricted stock units.

The filing also lists indirect holdings. These consist of 3,701 shares held by his spouse and additional blocks of 213,560, 181,825, and 158,552 shares held through specified family and irrevocable trusts. The report reflects Sidhu’s roles as both Chairman and Director of Customers Bancorp.

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Insider SIDHU JAY S
Role Chairman
Type Security Shares Price Value
Tax Withholding Common Stock 551 $76.18 $42K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 789,480 shares (Direct); Common Stock — 3,701 shares (Indirect, Spouse)
Footnotes (1)
  1. Shares withheld for taxes upon vesting of previously issued restricted stock award. Includes 76,288 Restricted Stock Units. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1 Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.
Form 4 Insider Transactions: What Each Field Means →
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 JAY 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)
Chairman
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 551(1) D $76.18 789,480(2) D
Common Stock 3,701 I Spouse
Common Stock 213,560 I Trust(3)
Common Stock 181,825 I Trust(4)
Common Stock 158,552 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 76,288 Restricted Stock Units.
3. Jay S. Sidhu, A/K/A Jashpinder S. Sidhu, FBO Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, and Descendants Irrevocable Trust.
4. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 1
5. Sherry K. Sidhu, A/K/A Pushpinder K. Sidhu, Family Trust No. 2.
Remarks:
/s/ Jay S. 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Customers Bancorp (CUBI) report for Jay S. Sidhu on January 5, 2026?

The report shows that on January 5, 2026, 551 shares of Customers Bancorp common stock were withheld in a transaction coded "F" at $76.18 per share. A footnote explains these shares were withheld for taxes upon vesting of a previously issued restricted stock award.

How many Customers Bancorp (CUBI) shares does Jay S. Sidhu directly own after this Form 4 transaction?

Following the reported tax withholding, Jay S. Sidhu directly beneficially owned 789,480 shares of Customers Bancorp common stock. A footnote states that this direct amount includes 76,288 restricted stock units.

What indirect share holdings for Jay S. Sidhu are disclosed in this Customers Bancorp (CUBI) filing?

The filing lists several indirect holdings of Customers Bancorp common stock for Jay S. Sidhu: 3,701 shares held by his spouse, and additional holdings of 213,560, 181,825, and 158,552 shares held through family and irrevocable trusts described in the footnotes.

What do the footnotes in Jay S. Sidhu’s Customers Bancorp (CUBI) Form 4 explain?

The footnotes clarify that the 551 shares were withheld for taxes upon vesting of a previously issued restricted stock award, that the 789,480 direct shares include 76,288 restricted stock units, and they identify the specific family and irrevocable trusts holding the indirect positions.

What is Jay S. Sidhu’s role at Customers Bancorp (CUBI) according to this insider report?

The filing identifies Jay S. Sidhu as both a Director and an Officer of Customers Bancorp, with the officer title listed as Chairman. These roles are indicated in the relationship section of the report.

Does this Customers Bancorp (CUBI) Form 4 show any derivative security transactions for Jay S. Sidhu?

The section for derivative securities is present but does not report any acquired or disposed derivative securities for the period covered. The detailed activity disclosed relates only to non-derivative common stock.