Customers Bancorp, Inc. chair Jay S. Sidhu sells $4.37M in stock
The chair sold at an average of $87.40 a share, according to a Form 4 filed with the SEC on Nov 2.
Insider selling at Customers Bancorp, Inc.: Jay S. Sidhu, the company's chair of the board, sold 50,000 shares on Oct 29 for $4.37 million, at an average of $87.40 a share, a Form 4 filed on Nov 2 shows.
The filing does not mark the sale as made under a Rule 10b5-1 trading plan. The insider still holds 617,864 shares after the sale, 7.5% fewer than before.
The filing came 4 days after the trade.
The numbers below are taken from the Form 4 as filed with the SEC.
| Company | Customers Bancorp, Inc. (CUBI) |
|---|---|
| Insider | Jay S. Sidhu |
| Role | Chair |
| Transaction | Open-market sale (code S) |
| Shares | 50,000 |
| Average price | $87.40 |
| Value | $4,370,195 |
| Trade date | Oct 29, 2026 |
| Filed with the SEC | Nov 2, 2026, 5:02 PM ET |
| Shares held after | 617,864 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
