Banc of California (NYSE: BANC) insider shares withheld to cover taxes

Rhea-AI Filing Summary

BANC OF CALIFORNIA, INC. general counsel and corporate secretary Dotan Ido reported two tax-related stock dispositions. On February 27, 2026, 2,469 shares of common stock were disposed at $19.78 per share, and on February 28, 2026, 2,348 shares were disposed at $18.47 per share. Footnotes state these shares were withheld to cover tax liabilities from vesting of a prior equity award, rather than sold in open-market transactions. After these withholding transactions, Ido directly owned 94,656 shares of common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Dotan Ido

Role GENERAL COUNSEL, CORP SECRTY

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,348	$18.47	$43K
Tax Withholding	Common Stock	2,469	$19.78	$49K

Holdings After Transaction: Common Stock — 94,656 shares (Direct)

Footnotes (1)

1. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award. Amount reported includes 1,173 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.

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^*

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)
02/27/2026

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	02/27/2026		F(1)		2,469	D	$19.78	95,831	D
Common Stock	02/28/2026		F(1)		2,348	D	$18.47	94,656(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. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.

2. Amount reported includes 1,173 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.

Remarks:

	/s/ Ido Dotan	03/03/2026
	** 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.

FAQ

What insider transaction did BANC (Banc of California, Inc.) report?

BANC reported that general counsel Dotan Ido disposed shares through tax withholding. The company recorded two transactions where shares were withheld to satisfy tax liabilities from vesting equity awards, rather than open-market sales, and updated his remaining direct holdings.

How many Banc of California (BANC) shares were disposed in this Form 4?

The Form 4 shows dispositions of 2,469 and 2,348 BANC common shares. These shares were withheld on two consecutive dates to cover tax liabilities from a previously granted award, according to the filing’s footnotes, and were not discretionary market sales.

At what prices were the BANC shares disposed for tax withholding?

The tax-withholding dispositions used prices of $19.78 and $18.47 per BANC share. These prices reflect the value applied when shares were withheld to satisfy tax obligations tied to equity award vesting, rather than negotiated prices in open-market trading.

How many Banc of California (BANC) shares does Dotan Ido own after these transactions?

After the reported tax-withholding dispositions, general counsel Dotan Ido directly owned 94,656 BANC common shares. This post-transaction balance reflects the remaining equity position following automatic share withholding for taxes associated with the vesting of a prior stock award.

Were the BANC insider share dispositions open-market sales?

The dispositions were not open-market sales. Footnotes explain the BANC shares were automatically withheld to satisfy Dotan Ido’s tax liabilities from vesting of a previously granted equity award, a common administrative mechanism rather than a discretionary sale decision.

Did Dotan Ido acquire any new Banc of California (BANC) shares in this filing?

This Form 4 only reports tax-withholding dispositions, not new share purchases. However, a footnote notes his reported holdings include 1,173 BANC shares acquired earlier through the issuer’s Dividend Reinvestment Plan, which are part of his current direct ownership total.