California BanCorp (BCAL) COO awarded 13,461 restricted stock units
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
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.
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.