Banc of California (BANC) awards 15,583 RSUs to Chief Credit Officer

Rhea-AI Filing Summary

Banc of California, Inc. reported that Chief Credit Officer Bryan M. Corsini acquired 15,583 shares in the form of a grant or award of restricted stock units. These units carry no purchase price and will convert into common shares as they vest.

The restricted stock units are scheduled to vest annually in substantially equal installments over a three-year period beginning on February 28, 2027. After this award, Corsini’s direct ownership is 100,472 shares of common stock.

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

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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^*

CORSINI BRYAN M

(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)
	CHIEF CREDIT OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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	02/24/2026		A(1)		15,583	A	$0.00	100,472	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. 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, Attorney-in-Fact for Bryan M Corsini	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).
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FAQ

What insider transaction did BANC report for Bryan M. Corsini?

Banc of California reported that Chief Credit Officer Bryan M. Corsini received a grant of 15,583 restricted stock units. These units represent an equity award rather than an open-market purchase and will convert into common shares only as they vest over time.

How many BANC shares did Bryan M. Corsini acquire in this Form 4?

Bryan M. Corsini was awarded 15,583 restricted stock units tied to Banc of California common stock. The award has a zero dollar per-share price, reflecting a compensation grant, and the underlying shares will be issued gradually as the units vest according to the schedule.

When do Bryan M. Corsini’s new BANC restricted stock units start vesting?

The restricted stock units begin vesting on February 28, 2027. They will vest annually in substantially equal installments over a three-year period, meaning shares are delivered incrementally rather than all at once, aligning Corsini’s compensation with multi-year service and performance horizons.

What is Bryan M. Corsini’s BANC share ownership after this equity grant?

After the reported grant, Bryan M. Corsini directly owns 100,472 shares of Banc of California common stock. This figure reflects his holdings following the award of 15,583 restricted stock units, which will convert into additional shares as they vest over the three-year schedule.

Is the BANC Form 4 transaction a market purchase or a compensation grant?

The transaction is a compensation grant, not a market purchase. It is coded as a grant, award, or other acquisition at a price of $0.0000 per share, indicating restricted stock units issued as part of Corsini’s compensation rather than shares bought in the open market.

How long will it take for all of Bryan M. Corsini’s new BANC RSUs to vest?

All 15,583 restricted stock units are scheduled to vest over three years. Vesting occurs annually, in substantially equal installments, beginning on February 28, 2027, so the full award becomes share-delivering compensation only after completion of this three-year vesting period.