STOCK TITAN

California BanCorp (BCAL) COO awarded 13,461 restricted stock units

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

Rhea-AI Filing Summary

California BanCorp EVP and COO Michelle Wirfel reported two stock transactions. On March 2, 2026, she received a grant of 13,461 restricted stock units that will vest in substantially equal annual installments over a two-year period beginning March 1, 2027. On March 1, 2026, 256 shares of common stock were disposed at $18.31 per share to cover taxes triggered by the vesting of an earlier equity award.

Positive

  • None.

Negative

  • None.
Insider Wirfel Michelle
Role EVP, Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common Stock 13,461 $0.00 --
Tax Withholding Common Stock 256 $18.31 $5K
Holdings After Transaction: Common Stock — 89,474.93 shares (Direct)
Footnotes (1)
  1. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award. Represents restricted stock units granted to the Reporting Person on March 2, 2026, which will be issued upon vesting and will vest annually, in substantially equal installments, over a two-year period beginning on March 1, 2027.
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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*
Wirfel Michelle

(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 Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 03/01/2026 F(1) 256 D $18.31 76,013.93 D
Common Stock 03/02/2026 A(2) 13,461 A $0.00 89,474.93 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. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.
2. Represents restricted stock units granted to the Reporting Person on March 2, 2026, which will be issued upon vesting and will vest annually, in substantially equal installments, over a two-year period beginning on March 1, 2027.
Remarks:
Manisha Merchant, by POA for Michele Wirfel 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 transactions did BCAL executive Michelle Wirfel report on this Form 4?

Michelle Wirfel reported receiving 13,461 restricted stock units and a 256-share tax-withholding disposition. The RSUs were granted on March 2, 2026, while the shares were withheld on March 1, 2026 to satisfy taxes on a prior award’s vesting.

Was the BCAL Form 4 transaction by Michelle Wirfel a stock purchase or sale?

The filing shows an equity award and a tax-withholding disposition, not an open-market trade. Wirfel received 13,461 restricted stock units and 256 shares were withheld to pay taxes related to the vesting of a previously granted award.

How many California BanCorp shares or units did Michelle Wirfel acquire in the latest BCAL Form 4?

Michelle Wirfel acquired 13,461 restricted stock units of California BanCorp common stock. These units represent a stock-based award that will convert into shares upon vesting, adding to her direct equity-based compensation over the defined vesting schedule.

Why were 256 BCAL shares disposed of in Michelle Wirfel’s Form 4 filing?

The 256 shares were disposed to satisfy Michelle Wirfel’s tax liability from vesting of a prior equity award. This tax-withholding transaction uses shares, rather than cash, to cover income taxes triggered when the earlier stock-based compensation became vested.

What is the vesting schedule for Michelle Wirfel’s new 13,461 BCAL restricted stock units?

The 13,461 restricted stock units granted to Michelle Wirfel on March 2, 2026 will vest annually, in substantially equal installments, over a two-year period beginning on March 1, 2027, after which vested units will be issued as common shares.

Did Michelle Wirfel pay anything per share for the 13,461 BCAL restricted stock units granted?

The reported price per share for the 13,461 restricted stock units is shown as $0.00. This indicates the units were granted as equity compensation rather than purchased, consistent with a typical executive stock-based award structure at public companies.