California BanCorp (BCAL) EVP files amended Form 4 for tax-related share disposition

Rhea-AI Filing Summary

California BanCorp executive Peter Nutz filed an amended insider report correcting the price on a prior tax-related share disposition. On this Form 4/A, he reports a tax-withholding disposition of 1,215 shares of common stock at $18.96 per share on February 22, 2026. This transaction was used to satisfy tax obligations rather than being an open-market sale, and it left him with 32,523.08 shares held directly.

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^*

Nutz Peter

(Last) (First) (Middle)

C/O CALIFORNIA BANCORP

355 S.GRAND AVE STE 1200

(Street)

LOS ANGELES CA 90071

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
California BanCorp \ CA [ BCAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP/ Chief Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/23/2026

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	02/22/2026		F		1,215	D	$18.96(1)	32,523.08	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. To correct the price reported in the Form 4 filed for the Reporting Person on February 23, 2026.

Remarks:

	Manisha Merchant, by POA for Peter Nutz	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did California BanCorp (BCAL) report for Peter Nutz?

California BanCorp EVP and Chief Credit Officer Peter Nutz reported a tax-withholding disposition of 1,215 common shares. The transaction occurred on February 22, 2026 and was recorded as a non-derivative disposition used to cover tax obligations rather than an open-market sale.

What is the transaction code F on the California BanCorp (BCAL) Form 4/A?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this filing, 1,215 California BanCorp common shares were disposed of at $18.96 per share to satisfy tax obligations associated with equity compensation rather than a standard market sale.

How many California BanCorp (BCAL) shares does Peter Nutz hold after this transaction?

After the reported tax-withholding disposition, Peter Nutz directly holds 32,523.08 California BanCorp common shares. This figure is disclosed as the total shares beneficially owned following the February 22, 2026 transaction reported in the amended Form 4/A filing.

What price correction does the California BanCorp (BCAL) Form 4/A make?

The Form 4/A specifies it was filed to correct the price previously reported for Peter Nutz’s transaction. The amended filing shows the 1,215 disposed shares were valued at $18.96 per share, updating the original Form 4 price disclosure for this tax-related disposition.

Is the California BanCorp (BCAL) insider transaction a market sale by Peter Nutz?

No, the filing classifies the transaction as a tax-withholding disposition under code F. This means 1,215 California BanCorp shares were delivered to cover tax liabilities, rather than being sold in an open market trade initiated for investment or portfolio reasons.

What role does Peter Nutz hold at California BanCorp (BCAL) in this Form 4/A?

In this Form 4/A, Peter Nutz is identified as an officer of California BanCorp, serving as Executive Vice President and Chief Credit Officer. His position explains why this equity-related tax-withholding transaction must be publicly reported as an insider transaction.