Welcome to our dedicated page for Customers Bancorp SEC filings (Ticker: CUBI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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Customers Bancorp (CUBI) – Amended Form 4 (July 11, 2025)
Chief Banking Officer Lyle Cunningham filed an amended Form 4 to correct a clerical error in the original July 10 filing. On July 9 2025, Cunningham acquired 3,447 shares of common stock (coded “A”) at a reference price of $63.97 per share through a restricted-stock-unit (RSU) grant. The RSUs vest in three equal installments. His total direct beneficial ownership following the transaction is 52,125 shares, which now includes 28,926 RSUs.
The amendment notes that the initial Form 4 mistakenly reported 6,893 RSUs; the correct figure is 3,447. No derivative securities were reported. There is no indication of open-market buying or selling—only the RSU award adjustment.
- Transaction size represents a modest $0.22 million (3,447 × $63.97) and is immaterial relative to CUBI’s ~32 million shares outstanding.
- The filing increases management’s equity alignment but does not materially impact share supply or the company’s fundamentals.
- The need for an amendment highlights internal reporting accuracy issues but carries limited governance risk given immediate correction.
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