BANC director receives 4,780-share RSU grant

Thau Andrew reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Thau Andrew reported acquisition or exercise transactions in this Form 4 filing.

BANC OF CALIFORNIA, INC. director Andrew Thau received an equity grant in the form of restricted stock units. The award covers 4,780 shares of common stock at no purchase price, as compensation for his service on the company’s Board of Directors.

The RSUs are scheduled to vest in full on the one-year anniversary of the grant date, at which time the shares will be issued. After this grant, Thau’s direct holdings reported in this filing total 46,282 shares of common stock.

Insider Trade Summary

Grant/Award: 4,780 shares

Grant/Award 1 txn

Insider Thau Andrew

Role Director

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

Holdings After Transaction: Common Stock — 46,282 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for his 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.

Key Figures

RSU grant size: 4,780 shares Grant price: $0.00 per share Holdings after grant: 46,282 shares

3 metrics

RSU grant size 4,780 shares Restricted stock units awarded to director Andrew Thau

Grant price $0.00 per share Equity compensation award, not open-market purchase

Holdings after grant 46,282 shares Thau’s direct BANC common stock holdings post-transaction

Key Terms

restricted stock units ("RSUs"), vesting, Board of Directors

3 terms

restricted stock units ("RSUs") financial

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

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.

vesting financial

"Shares will be issued in full upon vesting, which is scheduled"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Board of Directors financial

"issued to the Reporting Person as consideration for his service on the Issuer's Board of Directors"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

FAQ

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

What insider transaction did BANC (BANC) report for Andrew Thau?

BANC of California reported that director Andrew Thau received 4,780 restricted stock units as compensation for serving on the Board of Directors. These RSUs represent rights to receive common shares subject to vesting conditions described in the disclosure.

How many BANC (BANC) shares were granted to Andrew Thau and at what price?

Andrew Thau was granted 4,780 restricted stock units tied to BANC of California common stock at a price of $0.00 per share. This indicates an equity-based compensation award rather than an open-market purchase transaction for cash.

When do Andrew Thau’s BANC (BANC) restricted stock units vest?

The restricted stock units granted to Andrew Thau are scheduled to vest in full on the one-year anniversary of the grant date. Upon vesting, the underlying BANC of California common shares will be issued to him as described in the filing.

Is Andrew Thau’s BANC (BANC) transaction an open-market buy or a compensation grant?

The transaction is a compensation-related grant, not an open-market buy. The Form 4 shows a Code A award of 4,780 restricted stock units issued at $0.00 as consideration for Andrew Thau’s service on BANC of California’s Board of Directors.

What are Andrew Thau’s BANC (BANC) holdings after this RSU grant?

Following the restricted stock unit award, Andrew Thau’s direct holdings reported in the Form 4 total 46,282 shares of BANC of California common stock. This figure reflects his position after the grant transaction disclosed in the filing.

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

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Accepted by SEC EDGAR 05/08/2026 - 04:53 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^*

Thau Andrew

(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	46,282	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 his 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.

Remarks:

	/s/ Ido Dotan, Attorney-in-Fact for Andrew Thau	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)