Director Shannon Eusey gets 4,780 RSUs at Banc of California (NYSE: BANC)

Rhea-AI Filing Summary

Banc of California director Shannon F. Eusey received an equity award of 4,780 shares of Common Stock on May 6, 2026. The award is in the form of restricted stock units granted as consideration for her service on the Board of Directors and will vest in full on the one-year anniversary of the grant date.

After this grant, Eusey directly holds 34,992 shares of Banc of California common stock, which includes 414 shares acquired through the company’s Dividend Reinvestment Plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider EUSEY SHANNON F

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,780	$0.00	--

Holdings After Transaction: Common Stock — 34,992 shares (Direct, null)

Footnotes (1)

1. Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for her service on the Issuer's Board of Directors. Shares will be issued in full upon vesting, which is scheduled to occur on the one-year anniversary of the grant date. Amount reported includes 414 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.

Key Figures

RSU grant size: 4,780 shares Grant price per share: $0.0000 per share Total shares after grant: 34,992 shares +1 more

4 metrics

RSU grant size 4,780 shares Restricted stock units granted on May 6, 2026 for board service

Grant price per share $0.0000 per share Reported transaction price per share for the RSU award

Total shares after grant 34,992 shares Direct Banc of California common stock holdings following the transaction

Dividend Reinvestment Plan shares 414 shares Portion of holdings acquired via Issuer's Dividend Reinvestment Plan

Key Terms

restricted stock units ("RSUs"), Dividend Reinvestment Plan, grant date

3 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Dividend Reinvestment Plan financial

"includes 414 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan"

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

grant date financial

"vesting, which is scheduled to occur on the one-year anniversary of the grant date"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

Form 4 Insider Transactions: What Each Field Means →

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^*

EUSEY SHANNON F

(Last) (First) (Middle)

C/O BANC OF CALIFORNIA, INC.

3 MACARTHUR PLACE

(Street)

SANTA ANA CALIFORNIA 92707

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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

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

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

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	05/06/2026		A(1)		4,780	A	$0.00	34,992(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. Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for her service on the Issuer's Board of Directors. Shares will be issued in full upon vesting, which is scheduled to occur on the one-year anniversary of the grant date.

2. Amount reported includes 414 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.

Remarks:

	/s/ Ido Dotan, Attorney-in-Fact for Shannon F Eusey	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BANC director Shannon F. Eusey report?

Shannon F. Eusey reported receiving an award of 4,780 shares of Banc of California common stock. The award is structured as restricted stock units granted for her service on the company’s Board of Directors, rather than as an open-market stock purchase.

How many shares does Shannon F. Eusey hold in Banc of California (BANC) after this Form 4?

Following the reported transaction, Shannon F. Eusey directly holds 34,992 shares of Banc of California common stock. This total includes 414 shares that were acquired through the company’s Dividend Reinvestment Plan, as noted in the Form 4 footnotes.

What are the vesting terms of Shannon F. Eusey’s 4,780 Banc of California RSUs?

The 4,780 restricted stock units granted to Shannon F. Eusey will vest in full on the one-year anniversary of the grant date. Upon vesting, Banc of California will issue the corresponding shares of common stock to her, subject to the plan’s terms.

Why did Shannon F. Eusey receive restricted stock units from Banc of California (BANC)?

The restricted stock units were issued to Shannon F. Eusey as consideration for her service on Banc of California’s Board of Directors. This type of equity compensation aligns director rewards with shareholder interests by tying part of compensation to company stock.

Does Shannon F. Eusey’s Form 4 show any Banc of California share sales?

The Form 4 reflects only an acquisition of 4,780 restricted stock units by Shannon F. Eusey. It does not report any sales or dispositions of Banc of California common stock in this filing, and her total direct holdings increased to 34,992 shares.