Cunningham Lyle 4

What Happened

• Lyle Cunningham, Chief Banking Officer of Customers Bancorp (CUBI), had 1,613 shares withheld to cover tax withholding related to the vesting of previously issued restricted stock. The withholding was recorded on 2026-04-04 at $70.41 per share, representing approximately $113,571 in value. This was a tax-withholding disposition (routine), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-04-04; Price per share: $70.41; Total value withheld: ~$113,571
• Transaction type/code: F — shares withheld to satisfy tax withholding upon vesting
• Filing date / Accession: Filed 2026-04-07 (report covers the 4/4/2026 transaction)
• Shares owned after transaction: Not specified in the filing
• Footnotes: F1 — shares withheld for taxes upon vesting of previously issued restricted stock award. F2 — holdings reported include 14,020 Restricted Stock Units.
• Timeliness: Filed three days after the transaction date; investors may compare this to Form 4 timing rules (Form 4 is generally due within two business days) if timeliness is a concern.

Context

• Share withholding to cover taxes is a common administrative action when restricted stock or RSUs vest; it is not the same as an open-market sale and generally does not signal the insider buying or selling stock for investment reasons. This report documents the tax-withholding disposition tied to a grant vesting event.