Banc of California counsel disposes shares for taxes
BANC OF CALIFORNIA, INC. general counsel and corporate secretary Dotan Ido reported two tax-related stock dispositions.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,348 | $18.47 | $43K |
| Exercise Price or Tax Liability | Common Stock | 2,469 | $19.78 | $49K |
Footnotes (2)
- F1. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
- F2. Amount reported includes 1,173 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.
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