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CUBICustomers Bancorp, Inc. · Insider ownership research

Customers Bancorp, Inc. insiders sold $32.0M in the past 12 months. How much of their stake is that?

0% was sold under disclosed trading plans, 100% with no plan disclosed. The largest seller, Jay Sidhu (Chairman, Director), sold $26.4M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
1
buyer among officers and directors (1 trade), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
6 of 20
officers and directors sold shares, past 12 months
Is this normal? In line with the past 5 years. 6 insiders sold; the average is 5 a year. Year by year
Latest filing: Filed Sep 17 for a stock award on Sep 15. Steven Zuckerman received an award of 1.1K shares. Filing
SEC ownership filings: 99 filed in the 12 months to Oct 16, 2026; 956 on record since May 15, 2013 · See the evidence

What stands out

Two officers sold $30.0M with no disclosed plan: Jay Sidhu ($26.4M) and Lyle Cunningham ($3.6M). The filings don't state a reason.Jay Sidhu: largest such sale, Dec 3, 2025 · Lyle Cunningham: largest such sale, May 29, 2026
Samvir Sidhu bought 1K shares for $73K, first on May 12, 2026.Purchase, May 12, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 20 are left out

i
Left out: Jay Sidhu, Steven Zuckerman, Samvir Sidhu, Lawrence Way, Daniel Rothermel, Andrea Allon, Philip Watkins, Lyle Cunningham, Robert Buford, Bernard Banks, Robert Mackay, Jessie Velasquez, Stephen Wyremski, Thomas Kasulka, Nicholas Robinson, Dalton Sirmans, Robert Krasne, Mark McCollom, Mike Gill and Susan Looney (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Jay Sidhu
Chairman, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$26.4MNo plan disclosed
Lyle Cunningham
Chief Banking Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.6MNo plan disclosed
Andrea Allon
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$828KNo plan disclosed
Bernard Banks
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$602KNo plan disclosed
Philip Watkins
EVP, Head of Corp Development
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$416KNo plan disclosed
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $5.7M no plan disclosedNovDec 2025: $9.1M no plan disclosed$9.1MDecJanFebMarAprMay 2026: $8.4M no plan disclosedMayJunJul 2026: $2.5M no plan disclosedJulAug 2026: $6.3M no plan disclosedAugSepOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 3, 2026Nicholas Robinson had 479 shares ($38K) withheld by the company for taxes (not a market sale).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Nicholas Robinson
Chief Risk Officer
479$79.64n/an/aSep 3, 2026Sep 8, 2026

Common questions

Is the Customers Bancorp, Inc. CEO selling stock?

No. Samvir Sidhu reported no open-market sales in the past 12 months.

Why are Customers Bancorp, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Customers Bancorp, Inc. insiders buying?

Yes. 1 officer or director reported 1 purchase in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Jay Sidhu
Chairman, Director
$26.4M
360K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Lyle Cunningham
Chief Banking Officer
$3.6M
48K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Andrea Allon
Director
$828K
10K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Bernard Banks
Director
$602K
9K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Philip Watkins
EVP, Head of Corp Development
$416K
5.9K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Jessie Velasquez
Chief Accounting Officer
$159K
2.2K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
The full ownership picture0 of 20 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Jay Sidhu
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jay Sidhu are complete.
Chairman, Director
n/a−360Kn/an/a
Vesting, gifts, unvested awards and holding lines for Jay Sidhu

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jay Sidhu are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−37Kwithheld by the company for taxes
Steven Zuckerman
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Steven Zuckerman are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Steven Zuckerman

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Steven Zuckerman are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Samvir Sidhu
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Samvir Sidhu are complete.
CEO, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Samvir Sidhu

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Samvir Sidhu are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−35Kwithheld by the company for taxes
Lawrence Way
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Lawrence Way are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Lawrence Way

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Lawrence Way are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Daniel Rothermel
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Daniel Rothermel are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Daniel Rothermel

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Daniel Rothermel are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Andrea Allon
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Andrea Allon are complete.
Director
n/a−10Kn/an/a
Vesting, gifts, unvested awards and holding lines for Andrea Allon

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Andrea Allon are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Philip Watkins
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Philip Watkins are complete.
EVP, Head of Corp Development
n/a−5.9Kn/an/a
Vesting, gifts, unvested awards and holding lines for Philip Watkins

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Philip Watkins are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−7.6Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
20,000$28.37Feb 24, 2031$1.1M

Estimate: options held × ($82.81 − strike price), using the most recent insider trade price on Form 4 (Aug 13, 2026), not a market close.

Lyle Cunningham
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Lyle Cunningham are complete.
Chief Banking Officer
n/a−48Kn/an/a
Vesting, gifts, unvested awards and holding lines for Lyle Cunningham

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Lyle Cunningham are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−5.3Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
3,326$46.98Dec 19, 2034$119K

Estimate: options held × ($82.81 − strike price), using the most recent insider trade price on Form 4 (Aug 13, 2026), not a market close.

Robert Buford
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Buford are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Robert Buford

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Buford are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Bernard Banks
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Bernard Banks are complete.
Director
n/a−9Kn/an/a
Vesting, gifts, unvested awards and holding lines for Bernard Banks

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Bernard Banks are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Robert Mackay
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Mackay are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Robert Mackay

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Mackay are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Jessie Velasquez
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jessie Velasquez are complete.
Chief Accounting Officer
n/a−2.2Kn/an/a
Vesting, gifts, unvested awards and holding lines for Jessie Velasquez

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jessie Velasquez are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−577withheld by the company for taxes
Stephen Wyremski
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Stephen Wyremski are complete.
Chief Operating Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Stephen Wyremski

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Stephen Wyremski are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Thomas Kasulka
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Thomas Kasulka are complete.
Chief Credit Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Kasulka

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Kasulka are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−2.8Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
2,262$46.98Dec 19, 2034$81K

Estimate: options held × ($82.81 − strike price), using the most recent insider trade price on Form 4 (Aug 13, 2026), not a market close.

Nicholas Robinson
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Nicholas Robinson are complete.
Chief Risk Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Nicholas Robinson

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Nicholas Robinson are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−1.8Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,890$46.98Dec 19, 2034$68K

Estimate: options held × ($82.81 − strike price), using the most recent insider trade price on Form 4 (Aug 13, 2026), not a market close.

Dalton Sirmans
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Dalton Sirmans are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Dalton Sirmans

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Dalton Sirmans are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Robert Krasne
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Krasne are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Robert Krasne

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Krasne are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Mark McCollom
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mark McCollom are complete.
Chief Financial Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Mark McCollom

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mark McCollom are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Mike Gill
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mike Gill are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Mike Gill

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mike Gill are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Susan Looney
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Susan Looney are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Susan Looney

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Susan Looney are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Customers Bancorp, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$32.0M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $32.0M across 435,371 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $32.0M

Sales with no 10b5-1 plan and no tax reference in the filing. $26.4M of it is Jay Sidhu. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Jay Sidhu, Dec 3, 2025

Taxes

89,703 shares ($6.4M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 1 buyer (1 trade)

1 officer or director bought shares in this period, in 1 trade(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 19 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Jay Sidhu
Chairman, Director
360K$26.4M0%82%Nov 5, 2025 to Aug 3, 2026
Lyle Cunningham
Chief Banking Officer
48K$3.6M0%11%May 29, 2026 to May 29, 2026
Andrea Allon
Director
10K$828K0%3%Aug 13, 2026 to Aug 13, 2026
Bernard Banks
Director
9K$602K0%2%Nov 7, 2025 to Nov 7, 2025
Philip Watkins
EVP, Head of Corp Development
5.9K$416K0%1%Nov 24, 2025 to May 11, 2026
Jessie Velasquez
Chief Accounting Officer
2.2K$159K0%0.5%Dec 9, 2025 to Dec 9, 2025

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$5.7M$0$0$5.7M
Dec 2025$9.1M$0$0$9.1M
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$8.4M$0$0$8.4M
Jun 2026$0$0$0$0
Jul 2026$2.5M$0$0$2.5M
Aug 2026$6.3M$0$0$6.3M
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 6 insiders sold; the average is 5 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
435K6$32.0M
Oct 16, 2025
1 year earlier
225K3$12.7M
Oct 16, 2024
2 years earlier
258K6$11.0M
Oct 17, 2023
3 years earlier
64K3$2.5M
Oct 17, 2022
4 years earlier
711K5$41.3M
Oct 17, 2021
5 years earlier
197K7$5.8M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty20 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Customers Bancorp, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology956 filings on record, 99 filed in the 12-month period, and how we read them

All 956 Forms 3, 4 and 5 on record for Customers Bancorp, Inc. (SEC CIK 1488813), filed from May 15, 2013 to Sep 17, 2026; 99 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (16)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Glenn HeddeApr 8, 202541,102 shares, last reported balance as of Apr 4, 2025
Rajeev DateMar 19, 20256,900 shares, last reported balance as of Mar 17, 2025
Carla LeiboldApr 8, 202414,390 shares, last reported balance as of Apr 7, 2024
Joan CheneyApr 5, 20241,991 shares, last reported balance as of Apr 4, 2024
Andrew BowmanAug 2, 2023No balance on record
Rick BurkeyJun 16, 202272,129 shares, last reported balance as of Jun 15, 2022
Steven IssaNov 24, 2021No balance on record
Richard EhstJul 6, 202138,086 shares, last reported balance as of Jul 1, 2021
James CollinsApr 6, 2021No balance on record
Bhanu ChoudhrieMar 16, 2021677,862 shares, last reported balance as of Mar 15, 2021
Thomas JastremOct 26, 20201,885 shares, last reported balance as of Oct 23, 2020
Jeffrey SkuminMar 4, 2020816 shares, last reported balance as of Mar 2, 2020
Robert WahlmanJul 19, 20182,137 shares, last reported balance as of Jul 2, 2018
John MillerMar 15, 201648,078 shares, last reported balance as of Mar 15, 2016
Warren TaylorNov 13, 201329,925 shares, last reported balance as of Nov 8, 2013
James HoganMay 21, 20134,925 shares, last reported balance as of May 21, 2013

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.