California BanCorp (BCAL) CAO withholds 704 shares for tax on vesting
Rhea-AI Filing Summary
California BanCorp executive Joann Yeung, EVP and Chief Accounting Officer, reported a tax-withholding disposition of 704 shares of common stock on August 2, 2026 at $21.30 per share. The shares were withheld to satisfy taxes on a vested award, leaving her with 33,424.05 shares held directly.
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Insider Trade Summary
Net Seller: 704 shares
Net Sell
1 txn
Insider
Yeung Joann
Role
EVP / Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 704 | $21.30 | $15K |
Holdings After Transaction:
Common Stock — 33,424.05 shares (Direct)
Footnotes (1)
- F1. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.
Key Figures
Shares disposed for tax: 704 shares
Price per share: $21.30
Shares held after transaction: 33,424.05 shares
+1 more
4 metrics
Shares disposed for tax
704 shares
Tax-withholding disposition on August 2, 2026
Price per share
$21.30
Value used for the 704-share tax-withholding disposition
Shares held after transaction
33,424.05 shares
Direct holdings of Joann Yeung following the August 2, 2026 transaction
Shares related to tax liability
704 shares
Shares withheld to satisfy tax liability from vesting of a previously granted award
Key Terms
tax-withholding disposition, non-derivative, previously granted award, Chief Accounting Officer
4 terms
tax-withholding disposition financial
"Transaction described as a tax-withholding disposition to satisfy tax liability"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
non-derivative financial
"The reported common stock transaction is classified as non-derivative"
previously granted award financial
"Shares disposed to satisfy tax liability by the vesting of a previously granted award"
Chief Accounting Officer other
"Joann Yeung serves as EVP / Chief Accounting Officer of California BanCorp"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Joann Yeung report for BCAL?
Joann Yeung reported a tax-withholding disposition of 704 shares of California BanCorp common stock. The shares were withheld to satisfy tax liabilities arising from the vesting of a previously granted equity award, not from an open-market sale.
Was the BCAL Form 4 transaction an open-market sale by Joann Yeung?
No. The Form 4 describes a tax-withholding disposition, where 704 shares were delivered or withheld to pay tax liability from a vesting award. It does not represent a discretionary open-market sale by the executive.
What role does Joann Yeung hold at California BanCorp (BCAL)?
Joann Yeung serves as Executive Vice President and Chief Accounting Officer of California BanCorp. The reported Form 4 transaction reflects activity in her personal holdings of the company’s common stock related to equity compensation vesting.