Customers Bancorp: EVP Philip Watkins sold 3,332 shares

What happened Philip Watkins, EVP, head of corporate development, had 3,332 shares disposed to satisfy a tax liability on vested restricted stock. The filing lists the shares disposed at $84.54 per share for a total of $281,687.

Key details

• Transaction date and price: Oct 24, 2026 — 3,332 shares disposed at $84.54 per share.
• Transaction code: F (payment of tax liability / shares withheld).
• Filed: Oct 26, 2026; period of report: Oct 24, 2026.
• Shares owned after the transaction: not reported on the Form 4.
• Footnotes:
  • F1: Shares withheld for taxes upon vesting of previously issued restricted stock award.
  • F2: Includes 10,857 Restricted Stock Units.

Why it may matter

• The filing shows a tax-withholding event tied to vesting of restricted stock (shares were disposed to cover taxes).
• A filing does not show why the insider traded or why the company acted.