STOCK TITAN

California BanCorp (BCAL) EVP logs small tax-withholding share disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

California BanCorp (BCAL) executive Peter Nutz reported a small share disposition related to taxes, not an open-market trade. On the vesting of a previously granted equity award, 143 shares of common stock were delivered at $18.76 per share to satisfy his tax liability. Following this tax-withholding transaction, he directly holds 41,976.08 shares of California BanCorp common stock.

Positive

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Insider Nutz Peter
Role EVP/ Chief Credit Officer
Type Security Shares Price Value
Tax Withholding Common Stock 143 $18.76 $3K
Holdings After Transaction: Common Stock — 41,976.08 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withholding shares 143 shares Shares delivered to satisfy tax liability on vested award
Price per share $18.76 per share Value used for the 143-share tax-withholding disposition
Post-transaction holdings 41,976.08 shares Direct BCAL common stock held after the transaction
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" on 143 shares"
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.
Common Stock financial
"security_title: "Common Stock" reported in the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Reporting Person's tax liability financial
"Shares disposed to satisfy the Reporting Person's tax liability"
vesting of a previously granted award financial
"by the vesting of a previously granted award"
SEC Form 4
FORM 4UNITED 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 CALIFORNIA 90071

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
California BanCorp \ CA [ BCAL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP/ Chief Credit Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/20/2026F(1)143D$18.7641,976.08D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.
Remarks:
Manisha Merchant, by POA for Peter Nutz04/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BCAL executive Peter Nutz report on this Form 4?

Executive Peter Nutz reported a tax-related disposition of 143 California BanCorp (BCAL) common shares. The shares were delivered to cover taxes triggered by the vesting of a previously granted equity award, rather than being sold on the open market.

Was the BCAL Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 143 shares were delivered at $18.76 per share to satisfy the reporting person’s tax liability from vesting of an earlier stock award.

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

After the tax-withholding transaction, Peter Nutz directly holds 41,976.08 shares of California BanCorp common stock. This figure reflects his position following the delivery of 143 shares to satisfy the related tax obligation.

What does transaction code F mean in the BCAL Form 4 filing?

Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, 143 BCAL shares were disposed of to cover the reporting person’s tax liability arising from a previously granted equity award that vested.

What role does the reporting person hold at California BanCorp (BCAL)?

The reporting person, Peter Nutz, serves as Executive Vice President and Chief Credit Officer of California BanCorp. His Form 4 filing reflects a routine tax-withholding share disposition connected to the vesting of a prior equity award.