Director at California BanCorp (BCAL) awarded 1,042 RSUs and updates holdings

Rhea-AI Filing Summary

California BanCorp director Andrew J. Armanino reported new equity awards and updated holdings. On February 20, 2026, he acquired 1,042 shares of common stock at $0.00 per share as a grant of restricted stock units for service on the Board, with shares to be issued in full upon vesting on February 20, 2026. He also reported a prior reinvestment of cash dividends on January 16, 2026 that added 40.41 shares at $18.89 per share. Following these transactions, he directly owned 12,443.41 shares and indirectly reported 212,578 shares held through a trust.

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
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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^*

Armanino Andrew 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)
02/20/2026

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)		40.41	A	$18.89	11,401.41	D
Common Stock	02/20/2026		A(2)		1,042	A	$0.00	12,443.41	D
Common Stock								212,578	I	Andrew J Armanino & Denise M Armanino TR UA 6/2/1999

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. 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 February 20, 2026.

Remarks:

	Manisha Merchant, by POA for Andrew Armanino	02/24/2026
	** 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.
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FAQ

What did BCAL director Andrew J. Armanino report in this Form 4?

Andrew J. Armanino reported receiving 1,042 shares of California BanCorp common stock as a board service grant and a prior 40.41-share dividend reinvestment. He also updated his direct and indirect ownership totals, including a large position held through a family trust.

How many California BanCorp (BCAL) shares were granted to Andrew J. Armanino?

He was granted 1,042 shares of California BanCorp common stock as restricted stock units for his Board of Directors service. The shares are scheduled to be issued in full upon vesting on February 20, 2026, reflecting standard equity compensation rather than an open-market purchase.

What is the nature of the 40.41-share transaction reported by BCAL’s director?

The 40.41-share transaction dated January 16, 2026 reflects a reinvestment of cash dividends at a price of $18.89 per share. This is coded as an “other acquisition or disposition,” representing automatic dividend reinvestment rather than a discretionary open-market trade by the director.

What are Andrew J. Armanino’s direct and indirect BCAL shareholdings after these transactions?

After the reported transactions, Armanino directly owned 12,443.41 shares of California BanCorp common stock. He also indirectly reported ownership of 212,578 shares held through the “Andrew J Armanino & Denise M Armanino TR UA 6/2/1999” trust structure, as disclosed in the Form 4.

How are the new BCAL restricted stock units structured for Andrew J. Armanino?

The 1,042 restricted stock units were issued as consideration for Armanino’s service on California BanCorp’s Board of Directors. According to the disclosure, the underlying shares will be issued in full upon vesting on February 20, 2026, aligning payout with continued board service.