California BanCorp (BCAL) EVP gets 11,445 RSUs, disposes shares for tax

Rhea-AI Filing Summary

California BanCorp EVP and Chief Credit Officer Peter Nutz reported a mix of equity award activity and tax-related share dispositions in company common stock. He received a grant of 11,445 restricted stock units on March 2, 2026 at $0.00 per share. According to the filing, these units will be issued upon vesting and will vest annually in substantially equal installments over a two-year period beginning on March 1, 2027. On March 1, 2026, a total of 1,849 shares were disposed of at $18.31 per share to satisfy his tax liabilities upon the vesting of a previously granted award.

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

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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)
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)		166	D	$18.31	32,357.08	D
Common Stock	03/01/2026		F(1)		1,683	D	$18.31	30,674.08	D
Common Stock	03/02/2026		A(2)		11,445	A	$0.00	42,119.08	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. 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 Peter Nutz	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider stock transactions did BCAL executive Peter Nutz report?

Peter Nutz reported receiving 11,445 restricted stock units and disposing of 1,849 common shares for tax withholding. The award was granted at $0.00 per share, while the tax-related dispositions occurred at $18.31 per share in connection with a prior award’s vesting.

Was the BCAL insider transaction a market sale of shares?

The filing shows tax-withholding dispositions, not an open-market sale. A total of 1,849 shares were surrendered at $18.31 per share to cover tax liabilities triggered by the vesting of a previously granted equity award, according to the transaction footnote.

What equity award did California BanCorp grant to Peter Nutz?

California BanCorp granted Peter Nutz 11,445 restricted stock units of common stock at $0.00 per share. The award was granted on March 2, 2026 and represents a stock-based compensation grant rather than a cash transaction, increasing his potential future share ownership upon vesting.

How will the 11,445 BCAL restricted stock units vest for Peter Nutz?

The 11,445 restricted stock units will vest over two years. The filing states they vest annually in substantially equal installments, beginning on March 1, 2027, with shares issued upon vesting, aligning the executive’s compensation with longer-term company performance.

How many BCAL shares did Peter Nutz dispose of for taxes and at what price?

Peter Nutz disposed of 1,849 California BanCorp common shares to satisfy tax liabilities. These tax-withholding dispositions were executed at a price of $18.31 per share, tied to the vesting of a previously granted equity award rather than discretionary market selling activity.

What role does Peter Nutz hold at California BanCorp?

Peter Nutz serves as Executive Vice President and Chief Credit Officer at California BanCorp. His Form 4 filing reflects stock-based compensation and related tax-withholding share dispositions associated with his executive role, as part of the company’s equity incentive compensation practices.