Banc of California grants 15,583 RSUs to officer
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,583 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BANC report for Bryan M. Corsini?
When do Bryan M. Corsini’s new BANC restricted stock units start vesting?
Is the BANC Form 4 transaction a market purchase or a compensation grant?
How long will it take for all of Bryan M. Corsini’s new BANC RSUs to vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.