Chief Banking Officer Lyle Cunningham sold 47,914 shares of CUBI for $3.6M; holdings reduced 70.7% to 19.9K shares
Lyle Cunningham, Chief Banking Officer of Customers Bancorp, sold 47,914 shares at $75.03 on 2026-05-29 for a total value of $3,594,901.17, reducing his direct equity stake from 67,768 shares to 19,854 shares. This represents a -70.7% reduction in his non-derivative holdings and occurs while the stock trades at $73.10, down 5.2% over the past 30 days and 11.5% below the 52-week high of $82.56. The company's fundamentals show recent fiscal year revenue growth of -14.0% against a trailing P/E of 8.81 and net income of $69,653,000.00 in the latest quarter, providing context for investor assessment of the company's current valuation and operational trajectory relative to the scale of this executive's equity reduction.