California BanCorp president reports tax share disposal

California BanCorp President Richard Hernandez reported a routine tax-withholding share disposition.

Rhea-AI Filing Summary

California BanCorp President Richard Hernandez reported a routine tax-withholding share disposition. On the vesting of a previously granted award, 1,208 shares of Common Stock were disposed at $18.85 per share to satisfy his tax liability, according to the footnote. Following this, he directly holds 89,935.2 shares and indirectly holds 20,834 shares through an IRA.

Insights

Insider transactions analyst

Routine tax withholding; no open-market buy or sell signal.

President Richard Hernandez reported a Form 4 entry where 1,208 California BanCorp Common Stock shares were disposed at $18.85 per share. The footnote explains this was to satisfy tax liability upon vesting of an earlier equity award, a standard administrative event.

Because the code is F and the filing describes a tax-withholding disposition, this is not an open-market sale and carries limited information about his view of the stock. After the transaction, he still holds 89,935.2 shares directly and 20,834 indirectly via an IRA, indicating a substantial continuing position.

Insider Trade Summary

Exercise Price or Tax Liability: 1,208 shares

Exercise Price or Tax Liability 2 txns

Insider Hernandez Richard

Role President

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,208	$18.85	$23K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 89,935.2 shares (Direct); Common Stock — 20,834 shares (Indirect, IRA)

Footnotes (1)

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

Key Figures

Tax-withholding shares: 1,208 shares Disposition price: $18.85 per share Direct holdings after transaction: 89,935.2 shares +1 more

4 metrics

Tax-withholding shares 1,208 shares Common Stock disposed to satisfy tax liability

Disposition price $18.85 per share Value for the 1,208 shares used for tax withholding

Direct holdings after transaction 89,935.2 shares Common Stock directly owned by President after Form 4 event

Indirect IRA holdings 20,834 shares Common Stock held indirectly in an IRA

Key Terms

tax-withholding disposition, Common Stock, IRA, vesting of a previously granted award

4 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for 1,208 shares"

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.

Common Stock financial

"security_title: "Common Stock" for both reported entries"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

IRA financial

"nature_of_ownership: "IRA" for the indirect holdings entry"

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

vesting of a previously granted award financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BCAL President Richard Hernandez report?

Richard Hernandez reported a disposition of 1,208 California BanCorp Common Stock shares. The shares were used to cover tax liability from the vesting of a prior equity award, not an open-market sale, and were priced at approximately $18.85 per share.

Was the BCAL insider transaction an open-market sale of shares?

No, the transaction was classified with code F, meaning a tax-withholding disposition. Shares were delivered to satisfy the President’s tax liability on a vesting equity award, so it does not represent a discretionary open-market sale decision.

How many California BanCorp shares were used for Richard Hernandez’s tax withholding?

A total of 1,208 Common Stock shares were disposed to cover tax obligations. These shares were valued at about $18.85 each, according to the filing, and were tied to the vesting of a previously granted equity award.

What are Richard Hernandez’s BCAL shareholdings after this Form 4 transaction?

After the reported transaction, Richard Hernandez directly owns about 89,935.2 California BanCorp shares. He also indirectly owns 20,834 shares through an IRA, showing he maintains a sizeable overall position in the company’s common stock.

What does transaction code F mean in the BCAL Form 4 filing?

Transaction code F indicates a tax-withholding disposition, where shares are delivered to pay exercise price or taxes. In this filing, 1,208 shares were disposed to satisfy Richard Hernandez’s tax liability from the vesting of a previously granted award.

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

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Accepted by SEC EDGAR 05/06/2026 - 08:34 PM Learn about SEC filing dates

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^*

Hernandez Richard

(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)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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	05/05/2026		F(1)		1,208	D	$18.85	89,935.2	D
Common Stock								20,834	I	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. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.

Remarks:

	Manisha Merchant, by POA for Richard Hernandez	05/06/2026
	** 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)