The Customers Bancorp Chairman Sold Over 60,000 Company Shares Worth $4.6 Million. What Does That Mean for Investors?
This regional lender, focused on tech-driven banking solutions, reported a notable insider sale amid a year of strong share price gains.
Overview
Jay S. Sidhu, Chairman of Customers Bancorp (NYSE:CUBI), reported the sale of 60,315 shares in an open-market transaction valued at approximately $4.60 million, according to a SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average reported price ($76.23).
Details
* 1-year performance calculated using May 27, 2026 as the reference date.
Source
Originally published at www.fool.com.
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