BCAL director Kevin Cullen awarded 1,048 RSUs for board service

Rhea-AI Filing Summary

California BanCorp (BCAL)1,048 restricted stock units (RSUs) of common stock on November 21, 2025. The RSUs were issued as consideration for his service on the company’s Board of Directors and will convert into shares of common stock in full upon vesting on that same date. Following this grant, Cullen beneficially owns 74,242 shares of California BanCorp common stock directly, plus 9,600 shares held through a 401(k) account and 6,426 shares held through an IRA.

11/25/2025 - 06:14 PM

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^*

Cullen Kevin J.

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

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	11/21/2025		A		1,048(1)	A	$0.00	74,242	D
Common Stock								9,600	I	By 401K
Common Stock								6,426	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. 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 on November 21, 2025.

Remarks:

	Manisha Merchant, by POA for Kevin Cullen	11/25/2025
	** 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.

FAQ

What insider transaction did California BanCorp (BCAL) report in this Form 4?

The filing shows that director Kevin Cullen was granted 1,048 restricted stock units (RSUs) of California BanCorp common stock on November 21, 2025 as compensation for serving on the Board of Directors.

At what price were the California BanCorp (BCAL) RSUs granted to Kevin Cullen?

The Form 4 reports that the 1,048 RSUs were granted at a price of $0.00 per unit, reflecting that they are equity awards issued as compensation rather than purchased in the open market.

When do Kevin Cullen’s California BanCorp (BCAL) RSUs vest?

The explanation states that the RSUs will vest in full on November 21, 2025, at which time shares of California BanCorp common stock will be issued to Kevin Cullen.

How many California BanCorp (BCAL) shares does Kevin Cullen own after this transaction?

After the reported RSU grant, Kevin Cullen beneficially owns 74,242 shares of common stock directly, 9,600 shares held indirectly through a 401(k), and 6,426 shares held indirectly through an IRA.

What is the relationship of the reporting person to California BanCorp (BCAL)?

The reporting person, Kevin Cullen, is identified in the filing as a director of California BanCorp.

Is this California BanCorp (BCAL) Form 4 filed by a single reporting person?

Yes. The form indicates that it is filed by one reporting person, covering transactions and holdings for director Kevin Cullen.