Banc of California director granted 4,780 RSUs
BANC OF CALIFORNIA, INC. director Susan E. Lester received a grant of 4,780 shares of common stock in the form of restricted stock units as consideration for her service on the Board of Directors.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
BANC OF CALIFORNIA, INC. director Susan E. Lester received a grant of 4,780 shares of common stock in the form of restricted stock units as consideration for her service on the Board of Directors. The RSUs will vest, and shares will be issued in full, on the one-year anniversary of the grant date.
After this award, she is reported as holding a total of 53,264 shares of the company’s common stock, which includes 226 shares acquired through the issuer’s Dividend Reinvestment Plan.
Insider Trade Summary
Grant/Award: 4,780 shares
Grant/Award
1 txn
Insider
LESTER SUSAN E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,780 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 53,264 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Amount reported includes 226 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
Post-transaction holdings: 53,264 shares
+2 more
5 metrics
RSU grant size
4,780 shares
Restricted stock units granted on May 6, 2026
Grant price per share
$0.0000 per share
Recorded transaction price for RSU award
Post-transaction holdings
53,264 shares
Total common stock reported following the transaction
Dividend reinvestment shares
226 shares
Common stock acquired via Dividend Reinvestment Plan
Transaction direction
acquire
Grant, award, or other acquisition of common stock
Key Terms
restricted stock units, Dividend Reinvestment Plan, Board of Directors, grant date
4 terms
restricted stock units financial
"Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Reinvestment Plan financial
"includes 226 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.
Board of Directors financial
"issued to the Reporting Person as consideration for her 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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BANC (Banc of California) report for Susan E. Lester?
Banc of California reported that director Susan E. Lester received 4,780 restricted stock units as common stock. The grant was issued as consideration for her service on the Board of Directors and is structured to vest in full on the one-year anniversary of the grant date.
What are the vesting terms of Susan E. Lester’s 4,780 Banc of California RSUs?
The 4,780 restricted stock units granted to Susan E. Lester will vest in full on the one-year anniversary of the grant date. Upon vesting, all associated shares of Banc of California common stock will be issued to her, reflecting compensation for Board service.
Was there a purchase price for Susan E. Lester’s Banc of California RSU grant?
The restricted stock unit grant to Susan E. Lester is recorded at a transaction price of 0.0000 per share. This indicates the RSUs were awarded as compensation for her role on the Board of Directors, rather than acquired through an open-market cash purchase.
How were dividend reinvestments reflected in Susan E. Lester’s Banc of California holdings?
Susan E. Lester’s reported holdings include 226 Banc of California common shares acquired through the Dividend Reinvestment Plan. This plan automatically reinvests dividends into additional shares, modestly increasing her position alongside the new restricted stock unit grant reported in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
