California BanCorp (BCAL) CFO granted shares, withholds for taxes

Rhea-AI Filing Summary

California BanCorp Bank Chief Financial Officer Jean Carandang reported several stock transactions involving company common shares. On March 2, 2026, she acquired 6,812 restricted stock units at $0.00 per share as a grant that will vest annually in substantially equal installments over three years beginning March 1, 2027.

On March 1, 2026, she disposed of 778, 1,132, and 1,077 shares at $18.31 per share to satisfy tax liabilities related to a previously granted award. A separate transaction on January 16, 2026 reinvested cash dividends into 61.16 additional shares at $18.89. Following these direct transactions, she directly owned 38,362.16 shares, and an additional 8,000 shares were held indirectly through an IRA.

Insider Trade Summary

Net Buyer: 3,825 shares

Net Buy 6 txns

Insider Carandang Jean

Role Bank Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,812	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	778	$18.31	$14K
Exercise Price or Tax Liability	Common Stock	1,132	$18.31	$21K
Exercise Price or Tax Liability	Common Stock	1,077	$18.31	$20K
holding	Common Stock	--	--	--
Other	Common Stock	61.16	$18.89	$1K

Holdings After Transaction: Common Stock — 45,174.16 shares (Direct); Common Stock — 8,000 shares (Indirect, By IRA)

Footnotes (3)

1. F1. Reinvestment of cash dividends on January 16, 2026.
2. F2. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.
3. F3. 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 three-year period beginning on March 1, 2027.

FAQ

What stock grant did California BanCorp (BCAL) CFO Jean Carandang receive?

Jean Carandang received a grant of 6,812 restricted stock units on March 2, 2026 at $0.00 per share. These units vest annually in substantially equal installments over three years, beginning on March 1, 2027, and are issued as they vest.

Why did BCAL CFO Jean Carandang dispose of California BanCorp shares?

Jean Carandang disposed of shares on March 1, 2026 to cover tax liabilities from a vesting award. She delivered 778, 1,132, and 1,077 shares at $18.31 per share, specifically for payment of tax obligations tied to previously granted equity.

How many California BanCorp shares does the BCAL CFO directly own after these transactions?

After the reported transactions, Jean Carandang directly owned 38,362.16 California BanCorp common shares. This figure reflects the combined impact of the stock grant, tax-withholding share dispositions, and dividend reinvestment activity reported in the Form 4 filing data.

What indirect California BanCorp (BCAL) holdings does the CFO report?

In addition to direct holdings, Jean Carandang reported 8,000 California BanCorp common shares held indirectly through an IRA. These shares are classified as indirect ownership, separate from her directly held position disclosed in the other reported transactions.

How are the BCAL CFO’s restricted stock units scheduled to vest?

The 6,812 restricted stock units granted on March 2, 2026 will vest annually over three years. Vesting occurs in substantially equal installments starting on March 1, 2027, with additional installments on the following two anniversaries, subject to the award terms.

What was the dividend reinvestment transaction reported by the BCAL CFO?

On January 16, 2026, 61.16 California BanCorp shares were acquired through reinvestment of cash dividends at a price of $18.89 per share. This transaction increased Jean Carandang’s direct holdings through the company’s dividend reinvestment mechanism.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/03/2026 - 09:14 PM Learn about SEC filing dates

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^*

Carandang Jean

(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)
	Bank Chief Financial 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	01/16/2026		J(1)		61.16	A	$18.89	41,349.16	D
Common Stock	03/01/2026		F(2)		778	D	$18.31	40,571.16	D
Common Stock	03/01/2026		F(2)		1,132	D	$18.31	39,439.16	D
Common Stock	03/01/2026		F(2)		1,077	D	$18.31	38,362.16	D
Common Stock	03/02/2026		A(3)		6,812	A	$0.00	45,174.16	D
Common Stock								8,000	I	By IRA

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. Reinvestment of cash dividends on January 16, 2026.

2. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.

3. 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 three-year period beginning on March 1, 2027.

Remarks:

	Manisha Merchant, by POA for Jean Carandang	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.