4Filed Aug 16, 8:00 PM ET

CUBI Director Andrea R. Allon Sells 10,000 Shares

$CUBI · Customers Bancorp, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

CUBI Director Andrea R. Allon Sells 10,000 Shares

What Happened
Andrea R. Allon, a director of Customers Bancorp, Inc. (CUBI), sold 10,000 shares in an open-market transaction on August 13, 2026 at $82.81 per share, for proceeds of $828,100. This was a sale (disposition) rather than a purchase or option exercise.

Key Details

  • Transaction date and price: 2026-08-13, 10,000 shares sold at $82.81 each.
  • Total value: $828,100.
  • Transaction type: Open-market sale (Form 4 code S).
  • Filing date: Form 4 filed on 2026-08-17. This filing was made within the typical two-business-day reporting window.
  • Shares owned after transaction: Not specified in the summary provided here; see the full Form 4 for updated holdings.
  • No 10b5-1 plan, tax-withholding, gift, or option-exercise notation was indicated in the provided transaction details.

Context
Insider sales by directors can be routine (diversification, liquidity, tax planning) and do not necessarily indicate negative company prospects. Purchases generally carry more direct informational weight for investors. Andrea Allon is a company director (not identified here as a 10% owner), so this report reflects personal share disposal rather than an institutional transaction. For full disclosure details, consult the SEC filing (Accession: 0001678725-26-000003).