California BanCorp (BCAL) EVP shifts 10,228 shares into trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
California BanCorp executive Thomas G. Dolan restructured his share holdings without a market trade. On this date, 5,114 shares of common stock were moved in an internal transaction, with shares transferred to his living trust account.
Following the restructuring, Dolan directly holds 57,409 shares of California BanCorp common stock and indirectly holds 261,173 shares through the Thomas G. Dolan Living Trust dated 8/9/2016. The transactions carried a reported price of $0.00 per share, indicating a non-cash, administrative shift in ownership form rather than a purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dolan Thomas G.
Role
EVP / Bancorp CFO/ CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 5,114 | $0.00 | -- |
| Other | Common Stock | 5,114 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 57,409 shares (Direct);
Common Stock — 261,173 shares (Indirect, THOMAS G DOLAN LIVING TRUST DATED 8/9/2016)
Footnotes (1)
- [object Object]
Key Figures
Restructured shares: 10,228 shares
Shares transferred: 5,114 shares
Direct holdings after: 57,409 shares
+2 more
5 metrics
Restructured shares
10,228 shares
Total restructuring shares under transaction code J
Shares transferred
5,114 shares
Shares moved to the Thomas G. Dolan Living Trust
Direct holdings after
57,409 shares
Direct California BanCorp common stock after transaction
Indirect holdings after
261,173 shares
Indirect holdings via Thomas G. Dolan Living Trust
Transaction date
2026-04-15
Effective date of internal restructuring transactions
Key Terms
Form 4, transaction code J, Other acquisition or disposition, indirect ownership, +1 more
5 terms
Form 4 regulatory
"Insider transactions were reported on Form 4 for California BanCorp."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code J regulatory
"The filing labels both entries with transaction code J."
Other acquisition or disposition financial
"Code J is described as “Other acquisition or disposition.”"
indirect ownership financial
"One entry is marked as indirect ownership through a living trust."
living trust financial
"Shares were transferred to the Thomas G. Dolan Living Trust."
FAQ
What insider transaction did California BanCorp (BCAL) report for Thomas G. Dolan?
California BanCorp reported an internal restructuring for EVP and CFO Thomas G. Dolan involving 5,114 common shares. The filing shows shares were transferred to his living trust, changing how they are held rather than reflecting an open-market buy or sell.
What does transaction code J mean in the California BanCorp (BCAL) Form 4?
Transaction code J on the Form 4 is labeled as “Other acquisition or disposition.” In this case, it reflects an internal restructuring where 5,114 shares were transferred to Thomas G. Dolan’s living trust, rather than a standard market purchase or sale.
Was there any purchase or sale price in the California BanCorp (BCAL) insider transaction?
The reported transaction price per share was $0.00, indicating no cash consideration. This supports that the event was an administrative transfer of 5,114 shares to a living trust, not an open-market trade that would involve a purchase or sale price.