Banc of California director awarded 4,780 RSUs

Rice Joseph J reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Rice Joseph J reported acquisition or exercise transactions in this Form 4 filing.

BANC OF CALIFORNIA, INC. director Joseph J. Rice reported an equity award of common stock. He received 4,780 restricted stock units (RSUs) as consideration for his service on the board. The RSUs carry a price of $0.00 per share and will vest in full on the one-year anniversary of the grant date, at which point shares will be issued.

Following this grant, Rice directly holds 26,417 shares of common stock. He also reports indirect ownership of 10,000 shares through the Joseph J. Rice 2012 Irrevocable Trust and 9,500 shares through the Joseph & Monica Rice Revocable Trust.

Insider Trade Summary

Grant/Award: 4,780 shares

Grant/Award 3 txns

Insider Rice Joseph J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,780	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 26,417 shares (Direct); Common Stock — 9,500 shares (Indirect, By the Joseph & Monica Rice Revocable Trust); Common Stock — 10,000 shares (Indirect, By the Joseph J. Rice 2012 Irrevocable Trust)

Footnotes (1)

1. F1. Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for his 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.

Key Figures

RSU grant size: 4,780 RSUs RSU grant price: $0.00 per share Direct shares after grant: 26,417 shares +3 more

6 metrics

RSU grant size 4,780 RSUs Equity award for board service

RSU grant price $0.00 per share Grant, award, or other acquisition

Direct shares after grant 26,417 shares Total direct common stock following transaction

Indirect trust holding 10,000 shares Joseph J. Rice 2012 Irrevocable Trust

Indirect revocable trust holding 9,500 shares Joseph & Monica Rice Revocable Trust

Vesting schedule One-year from grant date RSUs vest in full after one year

Key Terms

restricted stock units ("RSUs"), Grant, award, or other acquisition, indirect ownership, Irrevocable Trust, +1 more

5 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") issued to the Reporting Person"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

indirect ownership financial

""ownership_type": "indirect""

Irrevocable Trust financial

"By the Joseph J. Rice 2012 Irrevocable Trust"

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

Revocable Trust financial

"By the Joseph & Monica Rice Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

FAQ

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

What insider transaction did Joseph J. Rice report at BANC?

Joseph J. Rice reported receiving 4,780 restricted stock units (RSUs). These RSUs were granted as consideration for his service on Banc of California’s board and will convert into common shares when they fully vest after one year from the grant date.

How many Banc of California (BANC) shares does Joseph J. Rice hold directly after this filing?

After the reported grant, Joseph J. Rice directly holds 26,417 common shares. This figure reflects his post‑transaction direct ownership position, excluding the additional indirect holdings reported through separate family trusts in the same Form 4 filing.

When do Joseph J. Rice’s 4,780 RSUs from BANC vest?

The 4,780 RSUs are scheduled to vest on the one-year anniversary of the grant date. At that time, Banc of California will issue common shares to Rice in full settlement of the vested units, according to the Form 4 footnote.

What indirect Banc of California (BANC) holdings are reported for Joseph J. Rice?

Rice reports 10,000 shares indirectly via the Joseph J. Rice 2012 Irrevocable Trust. He also reports 9,500 shares indirectly through the Joseph & Monica Rice Revocable Trust, showing additional exposure to Banc of California stock beyond his direct holdings.

Is the 4,780-share RSU grant to Joseph J. Rice a cash purchase of BANC stock?

No, the 4,780 RSUs were granted at $0.00 per share as compensation. The award represents equity-based director compensation rather than an open‑market stock purchase, with shares to be issued later upon vesting after one year.

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

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Accepted by SEC EDGAR 05/08/2026 - 04:54 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^*

Rice Joseph J

(Last) (First) (Middle)

C/O BANC OF CALIFORNIA, INC.

3 MACARTHUR PLACE

(Street)

SANTA ANA CALIFORNIA 92707

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BANC OF CALIFORNIA, INC. [ BANC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/06/2026		A(1)		4,780	A	$0.00	26,417	D
Common Stock								9,500	I	By the Joseph & Monica Rice Revocable Trust
Common Stock								10,000	I	By the Joseph J. Rice 2012 Irrevocable Trust

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. Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for his 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.

Remarks:

	/s/ Ido Dotan, Attorney-in-Fact for Joseph J Rice	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)