Customers Bancorp, Inc. filed 2 current reports with the SEC under Item 5.02, which covers directors and officers leaving or being appointed, the latest on 2026-07-08. Each change below is quoted from the filing and linked to it.
Every change, newest first
Reported
On July 8, 2026, Customers Bancorp, Inc. (the "Company") entered into a Supplemental Executive Retirement Plan (the "Plan") for the benefit of Lyle Cunningham (the "Executive").
Reported
The terms of those grants awarded to our named executive officers are as follows: Time-Based RSUs (1) Executive Granted (#) Grant Date Fair Value ($) (2) Jay S. Sidhu 16,030 $1,037,400 Sam Sidhu 12,306 $796,400 Mark R. McCollom 2,371 $153,420 Philip S. Watkins 3,941 $255,000 Lyle P. Cunningham 5,795 $375,000 Thomas H. Kasulka 3,941 $255,000 (1) The RSUs granted under the short-term annual performance awards vest in three equal installments on each of the first, second and third anniversaries of the grant date.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.