California BanCorp (BCAL) grants EVP 5,450 stock units, with tax-share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
California BanCorp executive Martin Liska reported both an equity grant and related tax-share disposals in recent Form 4 filings. On March 2, 2026, Liska received 5,450 restricted stock units of common stock at no cost, scheduled to vest in substantially equal annual installments over three years beginning March 1, 2027.
On March 1, 2026, a total of 2,574 shares of common stock were disposed of at $18.31 per share to satisfy tax liabilities arising from the vesting of a previously granted award. Following these transactions, Liska held common stock directly and also indirectly through the MACH4 Trust, which reported holding 30,911 shares of common stock as of March 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Liska Martin
Role
EVP / Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,450 | $0.00 | -- |
| Tax Withholding | Common Stock | 808 | $18.31 | $15K |
| Tax Withholding | Common Stock | 861 | $18.31 | $16K |
| Tax Withholding | Common Stock | 905 | $18.31 | $17K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 23,345 shares (Direct);
Common Stock — 30,911 shares (Indirect, MACH4 Trust)
Footnotes (1)
- Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award. 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 three-year period beginning on March 1, 2027.
FAQ
What insider transactions did California BanCorp (BCAL) report for Martin Liska?
California BanCorp reported that EVP and Chief Risk Officer Martin Liska received a grant of 5,450 restricted stock units and disposed of 2,574 shares to cover tax liabilities tied to a previously vested award, according to the Form 4 insider filing.
What vesting schedule applies to Martin Liska’s 5,450 California BanCorp restricted stock units?
The 5,450 restricted stock units granted to Martin Liska on March 2, 2026 will vest annually in substantially equal installments over a three-year period, starting on March 1, 2027. Upon vesting, the units will be settled in shares of California BanCorp common stock.