SIDHU JAY S 4

What Happened
Jay S. Sidhu — Chairman and Director of Customers Bancorp (CUBI) — had a total of 3,541 shares withheld to satisfy tax liabilities on vested restricted stock. The withholdings occurred as: 1,400 shares on 2026-03-14 and 2,141 shares on 2026-03-15, each valued at $64.72 per share, totaling approximately $90,608 and $138,566 respectively (combined ≈ $229,174). These transactions are tax-withholding disposals (code F), not open-market sales.

Key Details

• Transaction dates and prices: 2026-03-14 — 1,400 shares @ $64.72; 2026-03-15 — 2,141 shares @ $64.72.
• Total shares withheld: 3,541; total value ≈ $229,174.
• Form filed with the SEC: Accession 0001222371-26-000003, filed 2026-03-17 (reporting period begins 2026-03-14).
• Footnotes of note: F1 indicates these were shares withheld for taxes upon vesting of previously issued restricted stock awards. F2 and F3 note holdings include 70,540 and 62,234 Restricted Stock Units. F4–F6 reference related trusts/beneficial ownership names associated with Sidhu.
• Filing timeliness: form lists the filing date; no late-filing designation was provided in the summary data here.

Context
Withholding shares to cover taxes is a routine administrative transaction following the vesting of restricted stock and does not necessarily reflect a decision to cash out or a change in insider sentiment. Transaction code F denotes tax withholding; because shares were retained by the company (or transferred to cover taxes) rather than sold on the open market, this is different from an actionable insider sale signal.