Banc of California (NYSE: BANC) president purchases 14,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Banc of California, Inc. president Hamid Hussain reported an open-market purchase of company stock. On February 9, 2026, he bought 14,000 shares of common stock at a weighted average price of $21.12 per share, with individual trade prices ranging from $21.10 to $21.14. Following this transaction, he directly owns 60,444 shares of Banc of California common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,000 shares ($295,680)
Net Buy
1 txn
Insider
Hussain Hamid
Role
PRESIDENT OF THE BANK
Bought
14,000 shs ($296K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 14,000 | $21.12 | $296K |
Holdings After Transaction:
Common Stock — 60,444 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Banc of California (BANC) president report on this Form 4?
Banc of California president Hamid Hussain reported buying 14,000 common shares. The open-market purchase occurred on February 9, 2026, and was reported at a weighted average price of $21.12 per share, increasing his direct holdings to 60,444 shares.
Was the Banc of California (BANC) insider trade a purchase or a sale?
The Form 4 reports an open-market purchase of BANC common stock. Transaction code “P” indicates that president Hamid Hussain bought 14,000 shares on February 9, 2026, at a weighted average price of $21.12 per share, rather than selling shares.
Were Hamid Hussain’s Banc of California (BANC) trades executed as a single transaction?
No, the 14,000 BANC shares were bought in multiple trades. The filing states that the reported $21.12 price is a weighted average, with individual purchase prices ranging from $21.10 to $21.14 per share, and offers to provide full trade detail upon request.
Is Hamid Hussain’s ownership in Banc of California (BANC) direct or indirect after this Form 4 transaction?
The Form 4 shows Hamid Hussain’s 60,444 BANC shares as directly owned. The “D” designation in the ownership column indicates direct ownership, and there is no footnote disclaiming beneficial ownership or attributing the shares to a separate entity.