Sidhu Samvir S. bought CUBI
July 23, 2025 · Form 4 insider transaction
Sidhu Samvir S. bought 225,000 shares of Customers Bancorp, Inc. at $62.55 per share, a transaction worth $14.07M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Grant of Performance-Based Restricted Stock Units with 100% of shares vesting on January 1, 2031 only if a stock price condition is met, requiring the average closing price of the Issuer's common stock to be equal to or greater than $125 for 20 consecutive trading days during the period beginning January 1, 2026 and ending January 1,2031, and a time-based condition is met, requiring the Reporting Person to be employed by the Issuer on January 1, 2031.; Includes 272,478 Restricted Stock Units.