California BanCorp (BCAL) director adds 1,025-share RSU grant
Rhea-AI Filing Summary
California BanCorp (BCAL) director Kevin J. Cullen reported an acquisition of 1,025 shares of Common Stock on August 20, 2026, via a grant of restricted stock units (RSUs) for board service. These RSUs vest in full on August 20, 2026, when shares will be issued. Following this grant, Cullen holds 17,704.41 shares directly and additional indirect holdings of 9,600 shares by 401(k), 6,426 shares by IRA, and 62,881 shares through the Kevin John Cullen Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,025 shares
Net Buy
4 txns
Insider
Cullen Kevin J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,025 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,704.41 shares (Direct);
Common Stock — 9,600 shares (Indirect, By 401K);
Common Stock — 6,426 shares (Indirect, By IRA);
Common Stock — 62,881 shares (Indirect, Kevin John Cullen Trust)
Footnotes (1)
- F1. 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, which is scheduled to occur on August 20, 2026.
Key Figures
RSU grant: 1,025 shares of Common Stock
Direct holdings after transaction: 17,704.41 shares
401(k) indirect holdings: 9,600 shares
+3 more
6 metrics
RSU grant
1,025 shares of Common Stock
Restricted stock units granted on August 20, 2026 for Board service
Direct holdings after transaction
17,704.41 shares
Direct ownership of California BanCorp Common Stock after RSU grant
401(k) indirect holdings
9,600 shares
Indirect ownership by 401(k) as of August 20, 2026
IRA indirect holdings
6,426 shares
Indirect ownership by IRA as of August 20, 2026
Trust indirect holdings
62,881 shares
Indirect ownership by Kevin John Cullen Trust as of August 20, 2026
RSU vesting date
August 20, 2026
Date when 1,025 RSUs vest and shares will be issued
Key Terms
restricted stock units ("RSUs"), vesting, 401K, IRA, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") issued to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vesting financial
"Shares will be issued in full upon vesting, which is scheduled"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
401K financial
"total_shares_following_transaction": "9600.0000", "direct_or_indirect": "I", "nature_of_ownership": "By 401K""
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
IRA financial
"total_shares_following_transaction": "6426.0000", "direct_or_indirect": "I", "nature_of_ownership": "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Trust financial
"nature_of_ownership": "Kevin John Cullen Trust""
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
What did BCAL director Kevin J. Cullen report in this Form 4?
He reported a grant of 1,025 restricted stock units (RSUs) of California BanCorp Common Stock on August 20, 2026, received as consideration for his service on the Board of Directors. The RSUs convert into shares upon vesting.
When do Kevin J. Cullen’s new BCAL RSUs vest?
The 1,025 RSUs granted to Kevin J. Cullen are scheduled to vest on August 20, 2026. Upon vesting, shares of California BanCorp Common Stock will be issued in full in respect of these RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
