California BanCorp (BCAL) director reports RSU grant and dividend reinvestment

Rhea-AI Filing Summary

California BanCorp (BCAL) director Kevin J. Cullen reported equity awards and updated holdings in the company’s common stock. On February 20, 2026, he acquired 1,042 restricted stock units as a grant for service on the Board of Directors at a stated price of $0.00 per share. According to the filing, these RSUs will vest and convert into shares on February 20, 2026, bringing his direct ownership to 12,443.41 shares of common stock.

The filing also shows an earlier January 16, 2026 transaction labeled as “other acquisition or disposition” for 40.41 shares at $18.89 per share, described in a footnote as reinvestment of cash dividends. In addition to his direct holdings, Cullen reports indirect ownership through retirement and trust accounts, including 9,600 shares by a 401(k), 6,426 shares by an IRA, and 62,881 shares held by the Kevin John Cullen Trust.

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
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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^*

Cullen Kevin J.

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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)		40.41	A	$18.89	11,401.41	D
Common Stock	02/20/2026		A(2)		1,042	A	$0.00	12,443.41	D
Common Stock								9,600	I	By 401K
Common Stock								6,426	I	By IRA
Common Stock								62,881	I	Kevin John Cullen Trust

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. Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for service on the Issuer's Board of Directors. Shares will be issued in full upon vesting on February 20, 2026.

Remarks:

	Manisha Merchant, by POA for Kevin Cullen	02/23/2026
	** 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 director Kevin J. Cullen report?

Kevin J. Cullen reported receiving 1,042 restricted stock units as a board service grant and a separate 40.41-share transaction from dividend reinvestment. These transactions updated his direct and indirect ownership positions in California BanCorp common stock as of early 2026.

How many California BanCorp (BCAL) shares did Kevin J. Cullen acquire as awards?

He acquired 1,042 restricted stock units as an equity grant for serving on California BanCorp’s Board. The RSUs are scheduled to vest and be settled in shares on February 20, 2026, increasing his directly owned common stock position at that time.

What was the purpose of the 40.41-share BCAL transaction on January 16, 2026?

The 40.41-share transaction on January 16, 2026 was labeled as “other” and footnoted as reinvestment of cash dividends. This means dividends paid on existing holdings were automatically used to buy additional California BanCorp common shares at $18.89 per share.

What are Kevin J. Cullen’s direct BCAL share holdings after these transactions?

After the reported transactions, his directly owned California BanCorp common stock holdings total 12,443.41 shares. This figure reflects both the grant of restricted stock units and earlier activity, as shown in the Form 4 ownership table for his direct account.

What indirect California BanCorp (BCAL) holdings does Kevin J. Cullen report?

He reports indirect ownership through several accounts: 9,600 shares via a 401(k), 6,426 shares via an IRA, and 62,881 shares held by the Kevin John Cullen Trust. These positions supplement his direct ownership stake in California BanCorp common stock.

When will Kevin J. Cullen’s 1,042 BCAL restricted stock units vest?

The 1,042 restricted stock units granted to Kevin J. Cullen are scheduled to vest on February 20, 2026. Upon vesting, they will be settled in California BanCorp common shares, further increasing his direct equity ownership in the company at that time.