[144] Banc of California, Inc. SEC Filing

Rhea-AI Filing Summary

Banc of California Form 144 notice reports a proposed sale of 40,000 common shares through Fidelity Brokerage Services with an aggregate market value of $676,800 and an approximate sale date of 09/02/2025. The filing lists multiple prior acquisitions by Banc of California occurring between 09/09/2022 and 03/01/2025, described as stock plan activity across many small lots. The filer states there were no securities sold in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Transparent disclosure of a planned sale under Rule 144 with broker, share count, and aggregate market value
• Detailed acquisition history showing the shares were obtained through stock plan activity over multiple dates
• No sales in prior three months reported, clarifying recent trading activity

Negative

• Insider sale planned: the notice reports an intended disposition of 40,000 shares which may be perceived negatively by some investors
• Filer identity not provided in the content, preventing assessment of issuer-relative materiality or insider status

Insights

Securities Analyst

TL;DR: Insider plans to sell 40,000 shares via broker; disclosure is routine but worth noting for liquidity effects.

The Form 144 is a routine Rule 144 notice indicating an intended sale of 40,000 common shares valued at $676,800 through Fidelity on or about 09/02/2025. The acquisition history shows the shares originated from stock plan activity over multiple dates from 2022 through 2025, suggesting these are plan-issued holdings rather than an open-market purchase. No sales were reported in the prior three months, which is consistent with a planned, reportable transaction. The filing is procedural and provides transparency required for restricted/affiliated sales.

Corporate Governance Expert

TL;DR: Filing meets compliance disclosure for insider sale; materiality depends on holder identity and company float.

This Form 144 furnishes required notice for an intended sale under Rule 144 and lists acquisition lots from the company's stock plan. The form reiterates the seller's representation about lack of undisclosed material adverse information. From a governance perspective, the document satisfies regulatory transparency obligations. Without the filer identity or percentage of outstanding shares, the governance impact cannot be judged definitively.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	FIDELITY BROKERAGE SERVICES, LLC 900 SALEM STREET, SMITHFIELD RI 2917	40000	676800.00	0	09/02/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON	03/01/2025	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			1577	03/01/2025	NA
COMMON	02/27/2025	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			4664	02/27/2025	NA
COMMON	02/23/2025	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			1734	02/23/2025	NA
COMMON	03/09/2024	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			1243	03/09/2024	NA
COMMON	03/02/2024	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			1119	03/02/2024	NA
COMMON	03/01/2024	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			1493	03/01/2024	NA
COMMON	02/23/2024	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			1857	02/23/2024	NA
COMMON	11/30/2023	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			3793	11/30/2023	NA
COMMON	11/30/2023	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			4818	11/30/2023	NA
COMMON	11/30/2023	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			5775	11/30/2023	NA
COMMON	03/09/2023	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			1264	03/09/2023	NA
COMMON	03/02/2023	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			2480	03/02/2023	NA
COMMON	03/02/2023	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			4598	03/02/2023	NA
COMMON	03/02/2023	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			1240	03/02/2023	NA
COMMON	03/01/2023	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			1453	03/01/2023	NA
COMMON	09/09/2022	STOCK PLAN ACTIVITY	BANC OF CALIFORNIA			892	09/09/2022	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Banc of California's Form 144 report?

The filing reports a proposed sale of 40,000 common shares through Fidelity Brokerage Services with an aggregate market value of $676,800 and an approximate sale date of 09/02/2025.

When were the shares to be sold originally acquired?

The filing lists multiple acquisitions by stock plan activity ranging from 09/09/2022 to 03/01/2025 in various small lots.

Were any Banc of California shares sold by this person in the past three months?

The Form 144 states "Nothing to Report" for securities sold during the past three months.

Through which broker will the proposed sale occur?

The proposed sale is to be executed via Fidelity Brokerage Services, LLC at the address provided in the filing.

Does the filing indicate undisclosed adverse information?

The signer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.