Banc of California counsel sells 10,541 shares
BANC OF CALIFORNIA, INC.
Rhea-AI Filing Summary
BANC OF CALIFORNIA, INC. (BANC) insider Ido Dotan, the company’s General Counsel and Corporate Secretary, reported an indirect sale of 10,541 shares of common stock on September 10, 2026 by The Dotan Family Revocable Trust at a weighted average price of $18.295 per share. Following this sale, the trust holds 45,702 shares, and Dotan also reports 38,413 shares held directly. The weighted average reflects multiple trades between $18.280 and $18.295 per share, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,541 shares
Net Sell
2 txns
Insider
Dotan Ido
Role
GENERAL COUNSEL, CORP SECRTY
Sold
10,541 shs ($193K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,541 | $18.295 | $193K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 45,702 shares (Indirect, The Dotan Family Revocable Trust);
Common Stock — 38,413 shares (Direct)
Footnotes (2)
- F1. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.280 to $18.295 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F2. Amount reported includes 44,974 shares transferred into The Dotan Family Revocable Trust previously reported as directly held. Amount reported also includes 728 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.
Key Figures
Shares sold: 10,541 shares
Weighted average sale price: $18.295 per share
Sale price range: $18.280–$18.295 per share
+4 more
7 metrics
Shares sold
10,541 shares
Indirect sale of BANC common stock on September 10, 2026 by The Dotan Family Revocable Trust
Weighted average sale price
$18.295 per share
Price for the 10,541 BANC shares sold on September 10, 2026
Sale price range
$18.280–$18.295 per share
Range of prices for multiple trades included in the reported sale
Indirect holdings after sale
45,702 shares
BANC common stock held via The Dotan Family Revocable Trust after the reported sale
Direct holdings
38,413 shares
BANC common stock held directly by Ido Dotan as of the report
Shares transferred into trust
44,974 shares
Portion of trust holdings previously reported as directly held
Dividend Reinvestment Plan shares
728 shares
BANC common stock in the trust acquired through the issuer’s Dividend Reinvestment Plan
Key Terms
weighted average price, Dividend Reinvestment Plan, indirect ownership, Rule 10b5-1
4 terms
weighted average price financial
"The reported price is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Dividend Reinvestment Plan financial
"728 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
indirect ownership financial
"shares held indirectly through The Dotan Family Revocable Trust"
Rule 10b5-1 regulatory
"no Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BANC of California (BANC) report for Ido Dotan?
Ido Dotan reported an indirect sale of 10,541 shares of BANC common stock on September 10, 2026 through The Dotan Family Revocable Trust, at a weighted average price of $18.295 per share.
What additional details are disclosed about The Dotan Family Revocable Trust’s BANC holdings?
The trust’s 45,702-share position includes 44,974 shares transferred into The Dotan Family Revocable Trust that were previously reported as directly held, and 728 shares acquired through the issuer’s Dividend Reinvestment Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
