Customers Bancorp CRO has 479 shares withheld for taxes
Rhea-AI Filing Summary
Customers Bancorp, Inc. (CUBB) reported that Chief Risk Officer Nicholas John Robinson had 479 shares of Common Stock withheld on September 3, 2026 to pay tax liability by delivering or withholding securities in connection with the vesting of a previously issued restricted stock award. After this tax-withholding disposition, he holds 13,235 shares directly, which include 10,306 Restricted Stock Units.
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Insider Trade Summary
Tax Withholding: 479 shares
Tax Withholding
1 txn
Insider
Robinson Nicholas John
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 479 | $79.64 | $38K |
Holdings After Transaction:
Common Stock — 13,235 shares (Direct)
Footnotes (2)
- F1. Shares withheld for taxes upon vesting of previously issued restricted stock award.
- F2. Includes 10,306 Restricted Stock Units.
Key Figures
Shares withheld for taxes: 479 shares
Tax-withholding price per share: $79.64 per share
Shares held after transaction: 13,235 shares
+1 more
4 metrics
Shares withheld for taxes
479 shares
Common Stock withheld on September 3, 2026 for tax liability
Tax-withholding price per share
$79.64 per share
Value used for the 479-share tax-withholding disposition
Shares held after transaction
13,235 shares
Direct Common Stock holdings by the Chief Risk Officer after the transaction
Restricted Stock Units included
10,306 RSUs
RSUs included within the 13,235 post-transaction shares
Key Terms
Restricted Stock Units, withheld for taxes, Payment of tax liability by delivering or withholding securities
3 terms
Restricted Stock Units financial
"Includes 10,306 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.
withheld for taxes financial
"Shares withheld for taxes upon vesting of previously issued restricted stock"
Payment of tax liability by delivering or withholding securities financial
"transaction described as Payment of tax liability by delivering or withholding"
FAQ
What insider transaction did Customers Bancorp (CUBB) disclose for the Chief Risk Officer?
The Chief Risk Officer, Nicholas John Robinson, reported a disposition of 479 shares of Common Stock on September 3, 2026, withheld for taxes upon vesting of a previously issued restricted stock award.
Was the CUBB insider transaction a market sale or tax withholding?
It was tax withholding, not an open-market sale. 479 shares of Common Stock were withheld to pay tax liability related to the vesting of a restricted stock award.
Does the CUBB Form 4 indicate any Rule 10b5-1 trading plan for this insider transaction?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and the transaction is described as payment of tax liability by delivering or withholding securities rather than a planned trading program.
AI-generated analysis. How Rhea-AI works. Not financial advice.