Velasquez Jessie John Deano 4

What Happened

• Jessie John Deano Velasquez, Chief Accounting Officer of Customers Bancorp (CUBI), had 274 shares withheld on April 4, 2026 to cover tax liabilities tied to vesting restricted stock. The withholding was at $70.41 per share for a total value of approximately $19,292. This is a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-04-04, 274 shares withheld at $70.41 each.
• Total value: ~ $19,292.
• Shares owned after transaction: Not specified in the provided extract of the filing.
• Footnotes: F1 indicates shares were withheld for taxes upon vesting of a previously issued restricted stock award. F2 notes the filing includes 2,845 Restricted Stock Units.
• Filing date/timeliness: Form 4 filed 2026-04-07; no late-filing flag is indicated in the provided information.

Context

• This was a routine tax-withholding action following RSU vesting (cashless share withholding) and does not represent an independent decision to sell shares on the open market. Such withholdings are common and generally are administrative, not a direct signal of insider sentiment.