Banc of California president granted 20,856 RSUs

BANC OF CALIFORNIA, INC. reported that its President of the Bank, Hamid Hussain, received an equity award and had shares withheld for taxes.

Rhea-AI Filing Summary

BANC OF CALIFORNIA, INC. reported that its President of the Bank, Hamid Hussain, received an equity award and had shares withheld for taxes. On February 24, 2026, he acquired 20,856 shares of Common Stock through a grant of restricted stock units at a stated price of $0.00 per share. According to the footnotes, these restricted stock units will vest annually in substantially equal installments over three years beginning on February 28, 2027, with shares delivered upon each vesting date. On February 23, 2026, 1,212 Common Stock shares were disposed of at $20.07 per share to satisfy his tax liability from the vesting of a previously granted award, meaning this disposition was for tax withholding rather than an open-market sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hussain Hamid

Role PRESIDENT OF THE BANK

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20,856	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,212	$20.07	$24K

Holdings After Transaction: Common Stock — 80,088 shares (Direct)

Footnotes (2)

1. F1. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
2. F2. Represents grant of restricted stock units. Shares will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period beginning on February 28, 2027.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity award did BANC President Hamid Hussain receive in this Form 4?

Hamid Hussain received a grant of 20,856 restricted stock units of Banc of California Common Stock at a stated price of $0.00 per share. The shares will be issued upon vesting in three substantially equal annual installments starting February 28, 2027.

How will Hamid Hussain’s 20,856 Banc (BANC) RSUs vest over time?

The 20,856 restricted stock units granted to Hamid Hussain will vest annually in substantially equal installments over a three-year period. Vesting begins on February 28, 2027, and shares of Common Stock will be issued as each installment vests.

Why were 1,212 Banc of California (BANC) shares disposed of in this filing?

The 1,212 Common Stock shares were disposed of at $20.07 per share to satisfy Hamid Hussain’s tax liability. The footnote explains this resulted from the vesting of a previously granted award and reflects tax withholding rather than an open-market sale.

Does the Banc (BANC) Form 4 show an open-market sale by Hamid Hussain?

The filing does not show an open-market sale. Instead, it reports a tax-withholding disposition of 1,212 shares at $20.07 per share, used to satisfy tax obligations from the vesting of an earlier equity award.

What role does Hamid Hussain hold at Banc of California (BANC)?

Hamid Hussain is identified as the President of the Bank at Banc of California, Inc. The Form 4 details his recent equity award of 20,856 restricted stock units and a separate tax-related share disposition of 1,212 shares.

What types of transactions are reported for Hamid Hussain in this Banc Form 4?

The Form 4 shows two transactions: a grant or award acquisition of 20,856 restricted stock units at $0.00 per share, and a tax-withholding disposition of 1,212 Common Stock shares at $20.07 per share tied to a prior award’s vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/25/2026 - 04:14 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hussain Hamid

(Last) (First) (Middle)

C/O BANC OF CALIFORNIA, INC.

3 MACARTHUR PLACE

(Street)

SANTA ANA CA 92707

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BANC OF CALIFORNIA, INC. [ BANC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT OF THE BANK

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/23/2026		F(1)		1,212	D	$20.07	59,232	D
Common Stock	02/24/2026		A(2)		20,856	A	$0.00	80,088	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.

2. Represents grant of restricted stock units. Shares will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period beginning on February 28, 2027.

Remarks:

	/s/ Ido Dotan, Attorney-in-Fact for Hamid Hussain	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.