California BanCorp (NASDAQ: BCAL) president reports stock grant and tax share disposal

Rhea-AI Filing Summary

California BanCorp President Richard Hernandez reported several stock-related transactions in company shares. On March 2, 2026, he received a grant of 15,055 restricted stock units at no cost. According to the footnotes, these units will vest in substantially equal annual installments over two years beginning on March 1, 2027.

On March 1, 2026, 361 shares of common stock were disposed of at $18.31 per share to satisfy his tax liability from a prior award vesting, which is a withholding transaction rather than an open-market sale. A January 16, 2026 entry shows 38.2 shares acquired at $18.89 per share through dividend reinvestment. The data also notes 20,834 shares held indirectly through an IRA, in addition to his directly held shares after these transactions.

Insider Trade Summary

Net Buyer: 14,694 shares

Net Buy 4 txns

Insider Hernandez Richard

Role President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	15,055	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	361	$18.31	$7K
holding	Common Stock	--	--	--
Other	Common Stock	38.2	$18.89	$721.60

Holdings After Transaction: Common Stock — 91,143.2 shares (Direct); Common Stock — 20,834 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 two-year period beginning on March 1, 2027.

FAQ

What insider stock transactions did BCAL president Richard Hernandez report?

Richard Hernandez reported a 15,055-share restricted stock unit grant, 361 shares withheld at $18.31 for taxes on a prior award, 38.2 shares from dividend reinvestment, and additional indirect holdings of 20,834 shares through an IRA.

Was the BCAL insider stock grant to Richard Hernandez an open-market purchase?

No, the 15,055 shares were granted as restricted stock units at no cost. The award will deliver shares upon vesting over two years, rather than reflecting an open-market share purchase by Hernandez.

Why were 361 BCAL shares disposed of by Richard Hernandez?

The 361 shares at $18.31 each were disposed of to satisfy Richard Hernandez’s tax liability tied to the vesting of a previously granted award, functioning as tax withholding rather than a discretionary sale into the market.

How and when will Richard Hernandez’s BCAL restricted stock units vest?

The 15,055 restricted stock units granted on March 2, 2026 will vest annually in substantially equal installments over a two-year period, beginning on March 1, 2027, with shares issued to Hernandez as the units vest.

What indirect BCAL share ownership does Richard Hernandez report?

Beyond directly held shares, Richard Hernandez reports indirect ownership of 20,834 California BanCorp common shares held through an IRA, indicating additional economic exposure separate from his directly owned stock positions.

Did Richard Hernandez buy or sell BCAL shares on the open market?

The reported activities are a stock grant, tax-withholding share disposition, dividend reinvestment, and IRA holdings. The filing does not show an open-market purchase or sale transaction; instead, it reflects compensation and administrative share movements.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/03/2026 - 09:10 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^*

Hernandez Richard

(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)
	President

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)		38.2	A	$18.89	76,449.2	D
Common Stock	03/01/2026		F(2)		361	D	$18.31	76,088.2	D
Common Stock	03/02/2026		A(3)		15,055	A	$0.00	91,143.2	D
Common Stock								20,834	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 two-year period beginning on March 1, 2027.

Remarks:

	Manisha Merchant, by POA for Richard Hernandez	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.