California BanCorp (BCAL) EVP withholds 939 shares to cover tax on vesting

Rhea-AI Filing Summary

California BanCorp executive Peter Nutz, EVP and Chief Credit Officer, reported a tax-withholding disposition of 939 shares of common stock on 2026-08-02 at $21.30 per share. The shares were delivered to cover taxes on the vesting of a previously granted award, leaving him with 41,037.08 directly owned shares. The transaction was not reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Seller: 939 shares

Net Sell 1 txn

Insider Nutz Peter

Role EVP/ Chief Credit Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	939	$21.30	$20K

Holdings After Transaction: Common Stock — 41,037.08 shares (Direct)

Footnotes (1)

1. F1. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.

Key Figures

Shares disposed for taxes: 939 shares Implied tax-withholding price: $21.30 per share Shares owned after transaction: 41,037.08 shares +1 more

4 metrics

Shares disposed for taxes 939 shares Common stock delivered to satisfy tax liability on vesting, transaction date 2026-08-02

Implied tax-withholding price $21.30 per share Price per share used for the 939-share tax-withholding disposition on 2026-08-02

Shares owned after transaction 41,037.08 shares Direct California BanCorp common shares held by Peter Nutz following the disposition

Transaction date 2026-08-02 Date of the reported tax-withholding disposition of 939 shares

Key Terms

tax-withholding disposition, vesting, previously granted award

3 terms

tax-withholding disposition financial

"Reported as a tax-withholding disposition to satisfy the Reporting Person's tax liability"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

vesting financial

"Tax liability by the vesting of a previously granted award"

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.

previously granted award financial

"Shares disposed to satisfy tax liability by the vesting of a previously granted award"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 07:07 PM Accepted by SEC EDGAR 08/04/2026 - 07:07 PM Learn about SEC filing dates

FAQ

What insider transaction did California BanCorp (BCAL) EVP Peter Nutz report?

Peter Nutz reported a tax-withholding disposition of 939 common shares on 2026-08-02 at $21.30 per share. The shares were delivered to satisfy his tax liability triggered by the vesting of a previously granted equity award, not through an open-market sale.

How many California BanCorp (BCAL) shares does Peter Nutz own after this transaction?

After the tax-withholding disposition, Peter Nutz directly owns 41,037.08 shares of California BanCorp common stock. This figure reflects his post-transaction holdings as reported, following the delivery of 939 shares to cover taxes on a vested equity award.

Was the BCAL insider transaction by Peter Nutz executed under a Rule 10b5-1 plan?

No, the transaction was not reported as pursuant to a Rule 10b5-1 trading plan. The report indicates a tax-withholding disposition related to the vesting of a previously granted award, with the Rule 10b5-1 checkbox shown as not selected for this transaction.

What was the purpose of the 939-share disposition reported by California BanCorp (BCAL)?

The 939-share disposition was used to satisfy Peter Nutz’s tax liability arising from the vesting of a previously granted equity award. Shares were delivered or withheld for taxes, meaning this was a compensation-related event rather than a discretionary open-market stock sale.

Did California BanCorp (BCAL) EVP Peter Nutz sell shares in the open market?

The report shows a tax-withholding disposition, not an open-market sale. 939 shares of common stock were delivered to cover taxes on a vesting award at an implied price of $21.30 per share, while he retained 41,037.08 shares afterward.

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^*

Nutz Peter

(Last) (First) (Middle)

C/O CALIFORNIA BANCORP

355 S.GRAND AVE STE 1200

(Street)

LOS ANGELES CALIFORNIA 90071

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP/ Chief Credit Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/02/2026		F(1)		939	D	$21.3	41,037.08	D

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. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.

Remarks:

	Manisha Merchant, by POA for Peter Nutz	08/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)