The Form 4 filing, an SEC report of insider stock activity, was filed on Nov. 2, 2026. The sale took place on Oct. 29, 2026. Jay S. Sidhu is the executive chairman of Customers Bancorp (CUBI).
Transaction details
| Transaction | |
|---|---|
| Date of Earliest Transaction | 2026-10-29 |
| Date of Latest Transaction | 2026-10-29 |
| Buy/Sell | sell |
| Transaction Count | 1 |
| Shares Transacted | 50,000 |
| Price | $87.40 |
| Total Transaction Value | $4,370,195.00 |
| Insider | |
| Ticker Symbol | CUBI |
| Company | Customers Bancorp, Inc. |
| Insider Name | SIDHU JAY S |
| Insider Title | Exec. Chairman |
| Sector - Industry | Other - Unclassified |
| Holdings | |
| Total Shares Owned After Transaction | 617,864 |
| Position Size Change | 7.49% |
| Filing | |
| Filing Date | 2026-11-02 |
| SEC Link | View filing |
FAQ
What type of transaction is this?
This was a sale of CUBI shares, reported with SEC transaction code S. The transaction information records one sale involving 50,000 shares.
What was the average price of the transaction?
The average sale price was $87.4039 per share. Rounded to the nearest cent, that is $87.40 per share.
How did this transaction affect the insider's holdings?
Jay S. Sidhu sold 50,000 shares and reported 617,864 shares owned afterward. Those figures put his reported balance before the sale at 667,864 shares. He sold 7.49% of that earlier balance.
What's the total transaction value?
The total transaction value was $4,370,195.00. That amount covers all 50,000 shares in the single reported sale.
Are there any special circumstances around this transaction?
The available transaction information did not identify a special arrangement for this sale. Footnote text was not provided, so any additional terms or explanations remain unknown. The information does not establish the reason for the sale.
For research purposes only; not investment advice.