Jay S. Sidhu, Executive Chairman and Director of Customers Bancorp, Inc., filed a Form 4 on November 2, 2026, disclosing the sale of 50,000 shares of common stock on October 29, 2026.

Key Highlights

  • Transaction: Jay S. Sidhu disposed of 50,000 shares of Customers Bancorp common stock on October 29, 2026, with transaction code "S" (sale).
  • Weighted average price: Shares were sold at a weighted average price of $87.4039, with individual trade prices ranging from $87.09 to $88.03.
  • Direct ownership after sale: Sidhu directly holds 617,864 shares following the reported transaction, including 53,669 Restricted Stock Units.
  • Indirect holdings: Sidhu also holds 3,701 shares indirectly through a spouse account, 213,560 shares through one irrevocable trust, 181,825 shares through a second family trust, and 158,552 shares through a third family trust.
  • Role: The reporting person is identified as Executive Chairman and Director of Customers Bancorp, Inc. (NYSE:CUBI).
  • Multiple trades: According to the filing, the sale was executed across multiple trades, and Sidhu undertook to provide full trade-by-trade detail upon request to the SEC, the issuer, or a security holder.

Details of Sidhu's October 29 Common Stock Sale at Customers Bancorp

According to the Form 4 filed with the SEC on November 2, 2026, Jay S. Sidhu, serving as Executive Chairman and Director of Customers Bancorp, Inc. (NYSE:CUBI), sold 50,000 shares of the company's common stock on October 29, 2026. The filing states the transaction was executed in multiple trades at prices ranging from $87.09 to $88.03 per share, with a weighted average sale price of $87.4039. The filing notes that Sidhu "undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transition was affected."

Following the reported disposal, the filing discloses that Sidhu directly holds 617,864 shares of Customers Bancorp common stock, a figure the filing states includes 53,669 Restricted Stock Units. In addition to this direct position, the filing reports several indirect holdings: 3,701 shares held in the Sherry Sidhu Individual Account; 213,560 shares held through a trust identified as the Jay S. Sidhu FBO Sherry K. Sidhu and Descendants Irrevocable Trust; 181,825 shares held in Sherry K. Sidhu Family Trust No. 1; and 158,552 shares held in Sherry K. Sidhu Family Trust No. 2.

The filing was signed by Andrew Sachs under Power of Attorney on behalf of Jay S. Sidhu and dated November 2, 2026. The Form 4 does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan, as the corresponding checkbox on the form was not checked.

What Was Disclosed

The Form 4 filed November 2, 2026, by Jay S. Sidhu discloses the sale of 50,000 Customers Bancorp common shares on October 29, 2026, at a weighted average of $87.4039, with resulting direct beneficial ownership of 617,864 shares including 53,669 Restricted Stock Units.