Welcome to our dedicated page for Banc Of California SEC filings (Ticker: BANC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Banc of California, Inc. filings document financial results, governance, securities registration, and capital actions for a public bank holding company. Form 8-K reports furnish quarterly earnings releases, Regulation FD investor materials, dividend declarations for common stock and Series F preferred depositary shares, and other material corporate events.
Proxy materials disclose annual meeting matters, director elections, executive compensation, stockholder voting results, and board governance. Registration-related filings and prospectus supplements cover shelf registration mechanics, resale registration obligations, common stock, preferred securities, and related legal opinions, while the company’s disclosures also reflect capital structure and stockholder-rights matters tied to its commercial banking business.
BANC OF CALIFORNIA, INC. reported insider equity activity by its Chief Risk Officer, Lindsay Olivia I. She received a grant of 13,222 shares of common stock in the form of restricted stock units at a stated price of $0.00 per share.
In a separate transaction, 943 shares of common stock at $20.07 per share were disposed of to satisfy her tax liability arising from the vesting of a previously granted award. The new restricted stock units will be settled in shares upon vesting and are scheduled to vest annually in substantially equal installments over three years beginning on February 28, 2027.
BANC OF CALIFORNIA, INC. reported that its President of the Bank, Hamid Hussain, received an equity award and had shares withheld for taxes. On February 24, 2026, he acquired 20,856 shares of Common Stock through a grant of restricted stock units at a stated price of $0.00 per share. According to the footnotes, these restricted stock units will vest annually in substantially equal installments over three years beginning on February 28, 2027, with shares delivered upon each vesting date. On February 23, 2026, 1,212 Common Stock shares were disposed of at $20.07 per share to satisfy his tax liability from the vesting of a previously granted award, meaning this disposition was for tax withholding rather than an open-market sale.
Banc of California, Inc. reported that General Counsel and Corporate Secretary Dotan Ido received a grant of 19,549 restricted stock units of common stock at a price of $0.0000 per share. According to the disclosure, these units will vest annually in substantially equal installments over a three-year period beginning on February 28, 2027, with shares issued upon each vesting date.
The filing also notes a separate transaction in which 1,046 shares of common stock were disposed of at $20.07 per share. A footnote explains that these shares were withheld to satisfy Mr. Ido’s tax liability arising from the vesting of a previously granted award, rather than an open-market sale. After the tax-withholding disposition, he held 78,751 shares, and following the new award his reported total increased to 98,300 shares of common stock owned directly.
Affiliated investment funds of Warburg Pincus reported selling 4,250,000 shares of Banc of California voting common stock at $20.10 per share in an open-market transaction on February 13, 2026, under Rule 144. The shares were sold by entities identified as the Purchasers, WP Clipper GG 14 L.P. and WP Clipper FS II L.P., which are owned through various Warburg Pincus-sponsored funds.
Following the sale, the reporting group indirectly beneficially owned 2,640,244 shares. Numerous related partnerships and general partners are listed as reporting persons, but they state that investment and voting decisions are made by a multi-member committee and generally disclaim beneficial ownership of the issuer’s securities except to the extent of any pecuniary interest.
Warburg Pincus–affiliated funds reported a large insider sale of Banc of California stock. On February 13, 2026, WP Clipper GG 14 L.P. and WP Clipper FS II L.P. (the “Purchasers”) sold 4,250,000 shares of Banc of California voting common stock at $20.10 per share in a Rule 144 transaction.
After this sale, entities associated with the Reporting Persons indirectly held 2,640,244 shares of Banc of California. The filing explains a multi‑entity ownership structure and states that, under Exchange Act Rule 16a‑1(a)(4), the Reporting Persons other than the Purchasers disclaim beneficial ownership beyond their pecuniary interests. The group may be deemed directors-by-deputization through a contractual right to designate a board representative.
Warburg Pincus LLC has filed to sell up to 4,250,000 shares of BANC common stock. The planned sale is to be executed through Wells Fargo Clearing Services on the NYSE, with an approximate sale date of 02/13/2026 and an aggregate market value of $85,000,000 based on the filing.
The filing states that these common shares were acquired on 11/30/2023 as merger consideration from the issuer. As of the filing, 150,826,368 shares of the issuer’s common stock were outstanding. Over the past three months, Warburg Pincus LLC previously sold 10,850,000 common shares on 02/02/2026 for gross proceeds of $217,000,000.
Banc of California, Inc. president Hamid Hussain reported an open-market purchase of company stock. On February 9, 2026, he bought 14,000 shares of common stock at a weighted average price of $21.12 per share, with individual trade prices ranging from $21.10 to $21.14. Following this transaction, he directly owns 60,444 shares of Banc of California common stock.
Banc of California, Inc. announced that its board raised the quarterly cash dividend on common stock by 20% to $0.12 per share. The dividend is payable on April 1, 2026 to stockholders of record as of March 16, 2026.
The board also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series F, payable on March 2, 2026 to holders of record on February 19, 2026. The company highlighted this increase as a reflection of strong financial performance and confidence in its earnings outlook.
The company maintains a Dividend Reinvestment Plan that allows common stockholders to acquire additional shares at a 3% discount to the applicable market price.
Banc of California’s major shareholder group Warburg Pincus has cut its reported stake below 5%. In this Amendment No. 2 to their Schedule 13D, the funds disclose large secondary-market sales of Banc of California common stock on February 2, 2026.
On that date, WP Clipper GG 14 L.P. sold 5,668,452 shares and WP Clipper FS II L.P. sold 1,889,484 shares of common stock. After these transactions, WPGG14 Purchaser directly holds 5,167,683 shares and WPFSII Purchaser directly holds 1,722,561 shares, together representing about 4.57% of the approximately 150,826,368 shares outstanding as of October 28, 2025.
The filing notes that these ownership figures exclude non‑voting common equivalent stock that is not exchangeable within 60 days and remains subject to required regulatory approvals. Because their beneficial ownership has fallen below 5%, the Warburg Pincus reporting group states it has ceased to be a beneficial owner of 5% or more of Banc of California’s common stock.
Banc of California’s major private equity backers reported sizable share sales. On February 2, 2026, WP Clipper GG 14 L.P. and WP Clipper FS II L.P. (the “Purchasers”) sold 7,557,936 shares of voting common stock at $20.00 per share under Rule 144, leaving 6,890,244 shares held indirectly.
The Purchasers also sold 3,292,064 shares of non-voting common equivalent stock at $20.00 per share, with 1,000,000 such shares remaining, and then sold an additional 1,000,000 NVCE shares at $20.00 in a private sale to the issuer. Warburg Pincus–affiliated entities report these holdings through a multi-entity structure and, other than the Purchasers, disclaim beneficial ownership beyond their pecuniary interest.