California BanCorp (BCAL) CFO moves 6,704 shares into living trust
Rhea-AI Filing Summary
California BanCorp (BCAL) executive vice president and CFO Thomas G. Dolan reported an internal reallocation of holdings involving 6,704 shares of common stock. On August 11, 2026, he disposed of 3,352 shares from his direct holdings and simultaneously acquired 3,352 shares in the THOMAS G DOLAN LIVING TRUST DATED 8/9/2016, as noted in a footnote stating the shares were transferred to his living trust account. After these restructuring transactions, Dolan held 52,180 shares directly and 264,525 shares indirectly through the trust, with no cash consideration reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dolan Thomas G.
Role
EVP / Bancorp CFO/ CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 3,352 | $0.00 | $0.00 |
| Other | Common Stock F1 | 3,352 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 52,180 shares (Direct);
Common Stock — 264,525 shares (Indirect, THOMAS G DOLAN LIVING TRUST DATED 8/9/2016)
Footnotes (1)
- F1. Shares transferred to the Reporting Person's living trust account.
Key Figures
Shares transferred from direct holdings: 3,352 shares
Shares acquired by living trust: 3,352 shares
Total shares restructured: 6,704 shares
+3 more
6 metrics
Shares transferred from direct holdings
3,352 shares
Common Stock disposed from direct ownership on 2026-08-11 (code J)
Shares acquired by living trust
3,352 shares
Common Stock acquired indirectly by THOMAS G DOLAN LIVING TRUST on 2026-08-11
Total shares restructured
6,704 shares
Sum of shares involved in restructuring transactions coded J
Direct holdings after transaction
52,180 shares
Common Stock directly held by Thomas G. Dolan following 2026-08-11
Indirect holdings after transaction
264,525 shares
Common Stock held indirectly via THOMAS G DOLAN LIVING TRUST after 2026-08-11
Reported transaction price
$0.00 per share
Price per share for both J-coded Common Stock entries
Key Terms
Other acquisition or disposition, indirect ownership, living trust, Rule 10b5-1
4 terms
Other acquisition or disposition regulatory
"transaction_code_description: Other acquisition or disposition"
indirect ownership financial
"ownership_type: indirect via THOMAS G DOLAN LIVING TRUST"
living trust financial
"THOMAS G DOLAN LIVING TRUST DATED 8/9/2016"
Rule 10b5-1 regulatory
"aff_10b5_one indicates Rule 10b5-1 checkbox status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What did BCAL executive Thomas G. Dolan report in this Form 4?
Thomas G. Dolan reported an internal transfer of 6,704 shares of California BanCorp common stock on August 11, 2026, moving shares between his direct holdings and his living trust without a stated cash price.
What are Thomas G. Dolan’s BCAL holdings after these transactions?
After the August 11, 2026 restructuring, Dolan held 52,180 California BanCorp shares directly and 264,525 shares indirectly through his living trust, as reported in the ownership balances following the transactions.
Was the BCAL Form 4 transaction by Thomas G. Dolan a market sale or purchase?
The Form 4 describes an “Other acquisition or disposition” (code J) with a $0.00 per-share price, indicating a non-market internal transfer between Dolan’s direct account and his living trust.
Was the BCAL Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote states that the August 11, 2026 transfers occurred pursuant to a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
