Banc of California GC gets 19,549-share RSU grant

Banc of California, Inc. reported that General Counsel and Corporate Secretary Dotan Ido received a grant of 19,549 restricted stock units of common stock at a price of $0.0000 per share.

Rhea-AI Filing Summary

Banc of California, Inc. reported that General Counsel and Corporate Secretary Dotan Ido received a grant of 19,549 restricted stock units of common stock at a price of $0.0000 per share. According to the disclosure, these units will vest annually in substantially equal installments over a three-year period beginning on February 28, 2027, with shares issued upon each vesting date.

The filing also notes a separate transaction in which 1,046 shares of common stock were disposed of at $20.07 per share. A footnote explains that these shares were withheld to satisfy Mr. Ido’s tax liability arising from the vesting of a previously granted award, rather than an open-market sale. After the tax-withholding disposition, he held 78,751 shares, and following the new award his reported total increased to 98,300 shares of common stock owned directly.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Dotan Ido

Role GENERAL COUNSEL, CORP SECRTY

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	19,549	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,046	$20.07	$21K

Holdings After Transaction: Common Stock — 98,300 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. Represents grant of restricted stock units. Shares will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period beginning on February 28, 2027.

FAQ

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

What stock award did Banc of California (BANC) grant to Dotan Ido?

Banc of California granted General Counsel Dotan Ido 19,549 restricted stock units of common stock at $0.0000 per share. The units vest annually in substantially equal installments over three years starting February 28, 2027, with shares delivered upon each vesting date.

How will the new restricted stock units for BANC’s General Counsel vest?

The 19,549 restricted stock units granted to Banc of California’s General Counsel vest over three years. They vest annually in substantially equal installments beginning on February 28, 2027, and common shares will be issued as each installment vests under the award terms.

Why did Banc of California’s General Counsel dispose of 1,046 shares?

The 1,046 shares of Banc of California common stock were disposed of to satisfy the reporting person’s tax liability. A footnote specifies this tax liability arose from the vesting of a previously granted award, not from a discretionary open-market sale of shares.

At what price were the 1,046 Banc of California shares disposed?

The 1,046 shares of Banc of California common stock were disposed at a price of $20.07 per share. The transaction is described as satisfying tax obligations triggered by the vesting of an earlier equity award, rather than a typical buy-or-sell market transaction.

How many Banc of California shares does Dotan Ido hold after these transactions?

After the tax-withholding disposition, Dotan Ido held 78,751 shares of Banc of California common stock. Following the new restricted stock unit grant reported as acquired, his total direct ownership increased to 98,300 shares, as reflected in the post-transaction share balances disclosed.

Are the newly granted Banc of California restricted stock units immediately issued?

The 19,549 restricted stock units are not immediately issued as common shares. A footnote explains that shares will be issued only upon vesting, with units vesting annually in substantially equal installments over three years starting February 28, 2027, under the award terms.

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

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Accepted by SEC EDGAR 02/25/2026 - 04:14 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^*

Dotan Ido

(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)
	GENERAL COUNSEL, CORP SECRTY

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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	02/23/2026		F(1)		1,046	D	$20.07	78,751	D
Common Stock	02/24/2026		A(2)		19,549	A	$0.00	98,300	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. Represents grant of restricted stock units. Shares will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period beginning on February 28, 2027.

Remarks:

	/s/ Ido Dotan	02/25/2026
	** 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.