Kasulka Thomas Henry 4

What Happened Thomas Kasulka, Chief Credit Officer of Customers Bancorp (CUBI), was granted 3,941 restricted stock units (RSUs) on 2026-03-13 at a reported grant value of $64.72 per share, totaling $255,062. This transaction is an award (grant) of equity rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-13; grant price/value: $64.72 per share; total value reported: $255,062.
• Grant was contingent on shareholder approval of an amendment to the 2019 Stock Incentive Plan; that approval was obtained on May 26, 2026 (footnote F1).
• Footnote F2 notes "Includes 16,809 Restricted Stock Units" — the filing does not clearly state total shares owned after the grant, but indicates RSUs are part of Kasulka’s reported holdings.
• Filing date: 2026-05-28 for a 2026-03-13 transaction — this Form 4 appears late relative to the usual two-business-day reporting window, reducing near-term transparency.

Context

• RSUs are awards that typically convert to shares upon vesting and are not an immediate cash purchase or sale; they do not by themselves signal a buy/sell decision by the insider.
• Because this was a grant contingent on plan approval, the award became effective only after shareholders approved the plan amendment on May 26, 2026.