BANC president disposes shares for tax withholding

BANC OF CALIFORNIA, INC.

Accepted by SEC EDGAR 03/03/2026 - 07:50 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

BANC OF CALIFORNIA, INC. President of the Bank Hamid Hussain reported two tax-withholding dispositions of common stock related to vesting of prior awards. On February 27, 2,628 shares were delivered at $19.78 per share, and on February 28, 2,552 shares at $18.47 per share. After these transactions, he directly held 75,026 shares, which include 118 shares acquired through the company’s dividend reinvestment plan.

Insider Trade Summary

Exercise Price or Tax Liability: 5,180 shares

Exercise Price or Tax Liability 2 txns

Insider Hussain Hamid

Role PRESIDENT OF THE BANK

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,552	$18.47	$47K
Exercise Price or Tax Liability	Common Stock	2,628	$19.78	$52K

Holdings After Transaction: Common Stock — 75,026 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. Amount reported includes 118 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.

FAQ

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

What insider activity did BANC of California President Hamid Hussain report?

Hamid Hussain reported two tax-withholding dispositions of BANC common stock. These transactions satisfied tax liabilities from vesting equity awards rather than open-market sales, and left him with direct ownership of 75,026 shares after the reported activity.

How many BANC shares were disposed for taxes and at what prices?

Hussain delivered 2,628 BANC shares at $19.78 per share and 2,552 shares at $18.47 per share. Both transactions were coded as tax-withholding dispositions tied to vesting of previously granted equity awards, not discretionary market sales.

What is Hamid Hussain’s BANC share ownership after these Form 4 transactions?

After the tax-withholding dispositions, Hussain directly owns 75,026 BANC common shares. This figure includes 118 shares accumulated through the company’s dividend reinvestment plan, as specifically noted in the Form 4 footnotes for the reported ownership position.

Were Hamid Hussain’s BANC stock transactions open-market sales?

No, the reported BANC transactions were not open-market sales. They were Form 4 code F events, meaning shares were withheld or delivered solely to cover tax liabilities arising from the vesting of previously granted equity awards, according to the filing’s footnotes.

What does transaction code F mean in Hamid Hussain’s BANC Form 4?

Transaction code F on Hussain’s BANC Form 4 indicates payment of tax liability by delivering already-owned securities. It shows shares were withheld or delivered upon vesting of equity awards, distinguishing these from voluntary market purchases or sales of common stock.

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

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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)
02/27/2026

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	02/27/2026		F(1)		2,628	D	$19.78	77,460	D
Common Stock	02/28/2026		F(1)		2,552	D	$18.47	75,026(2)	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. Amount reported includes 118 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.

Remarks:

	/s/ Ido Dotan, Attorney-in-Fact for Hamid Hussain	03/03/2026
	** 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).
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