Banc of California officer reports tax share disposals

BANC OF CALIFORNIA, INC. chief credit officer Bryan M. Corsini reported two tax-related share dispositions of common stock.

Rhea-AI Filing Summary

BANC OF CALIFORNIA, INC. chief credit officer Bryan M. Corsini reported two tax-related share dispositions of common stock. On February 27, 2,737 shares were disposed at $19.78 per share, and on February 28, 3,692 shares were disposed at $18.47 per share. Both transactions are coded as “F,” meaning shares were withheld to cover tax liabilities from vesting of a previously granted award, rather than sold in open-market trades. After these transactions, Corsini directly owned 94,109 shares of Banc of California common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 6,429 shares

Exercise Price or Tax Liability 2 txns

Insider CORSINI BRYAN M

Role CHIEF CREDIT OFFICER

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,692	$18.47	$68K
Exercise Price or Tax Liability	Common Stock	2,737	$19.78	$54K

Holdings After Transaction: Common Stock — 94,109 shares (Direct)

Footnotes (2)

1. F1. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
2. F2. Amount reported includes 66 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.

FAQ

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

What insider transaction did BANC chief credit officer Bryan Corsini report?

Bryan M. Corsini reported two tax-related dispositions of Banc of California common stock. In total, 6,429 shares were withheld across February 27 and 28 to satisfy tax liabilities triggered by the vesting of a previously granted equity award.

Were Bryan Corsini’s BANC stock transactions open-market sales?

No, the transactions were not open-market sales. Both are coded “F,” indicating shares were disposed to pay tax liabilities from vesting equity awards, effectively share withholding rather than voluntary buying or selling in the open market.

How many BANC shares were disposed by Bryan Corsini for taxes?

Bryan Corsini disposed a total of 6,429 Banc of California shares for tax withholding. This included 2,737 shares at $19.78 per share and 3,692 shares at $18.47 per share tied to the vesting of a prior stock award.

What price levels were used for Bryan Corsini’s BANC tax-withholding shares?

The tax-withholding dispositions used prices of $19.78 and $18.47 per share. These values reflect the share prices applied when 2,737 and 3,692 shares, respectively, were delivered to satisfy Corsini’s tax obligations on a vesting stock award.

How many Banc of California shares does Bryan Corsini own after these transactions?

After the reported tax-withholding dispositions, Bryan Corsini directly owns 94,109 shares of Banc of California common stock. This remaining balance reflects his continued equity stake following the automatic share deliveries used to cover his related tax liabilities.

Why did Bryan Corsini’s Form 4 mention a dividend reinvestment plan for BANC?

The Form 4 notes that Corsini’s reported holdings include 66 Banc of California shares acquired through the company’s Dividend Reinvestment Plan. This clarifies that a small portion of his ownership came from automatic reinvestment of cash dividends into additional common shares.

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

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Accepted by SEC EDGAR 03/03/2026 - 07:48 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^*

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)
02/27/2026

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	02/27/2026		F(1)		2,737	D	$19.78	97,735	D
Common Stock	02/28/2026		F(1)		3,692	D	$18.47	94,109(2)	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. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.

2. Amount reported includes 66 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.

Remarks:

	/s/ Ido Dotan, Attorney-in-Fact for Bryan M Corsini	03/03/2026
	** 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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