California BanCorp (BCAL) EVP logs tax share disposal and dividend reinvestment

Rhea-AI Filing Summary

California BanCorp EVP and Chief Credit Officer Peter Nutz reported routine share transactions in company stock. On January 16, 2026, cash dividends were reinvested into 45.08 shares of common stock at $18.89 per share, increasing his directly held stake.

On February 22, 2026, 1,215 shares of common stock were disposed of at $18.86 per share to satisfy his tax liability upon vesting of a previously granted equity award, a non‑open‑market, tax‑withholding disposition. After these transactions, he directly owned 32,523.08 shares of California BanCorp common stock.

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^*

Nutz Peter

(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 Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026

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)		45.08	A	$18.89	33,738.08	D
Common Stock	02/22/2026		F(2)		1,215	D	$18.86	32,523.08	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. 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.

Remarks:

	Manisha Merchant, by POA for Peter Nutz	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 California BanCorp (BCAL) report for Peter Nutz?

California BanCorp EVP Peter Nutz reported two routine transactions: a dividend reinvestment of 45.08 common shares on January 16, 2026, and a disposal of 1,215 shares on February 22, 2026 to cover tax obligations from a vesting equity award.

Was the California BanCorp (BCAL) insider transaction an open-market sale?

The February 22, 2026 transaction was not an open-market sale. 1,215 shares were disposed of to satisfy Peter Nutz’s tax liability upon vesting of a prior equity award, classified as a tax-withholding disposition under transaction code F.

How many California BanCorp (BCAL) shares does Peter Nutz own after these transactions?

Following the reported Form 4 transactions, Peter Nutz directly owns 32,523.08 shares of California BanCorp common stock. This figure reflects his holdings after the February 22, 2026 tax-withholding disposition of 1,215 shares related to a vesting equity award.

What does the dividend reinvestment for California BanCorp (BCAL) shares represent?

The January 16, 2026 transaction reflects reinvestment of cash dividends into 45.08 California BanCorp common shares at $18.89 per share. This is an automatic dividend reinvestment, not a discretionary open-market purchase, and modestly increased Peter Nutz’s direct share ownership.

How is the Form 4 tax-withholding disposition in BCAL stock described?

The Form 4 describes the February 22, 2026 event as a tax-withholding disposition. 1,215 California BanCorp common shares were delivered at $18.86 per share to cover Peter Nutz’s tax liability triggered by the vesting of a previously granted equity award.