California BanCorp (BCAL) CLO logs 939-share tax withholding disposal

Rhea-AI Filing Summary

California BanCorp executive Manisha Merchant, EVP and Chief Legal Officer, reported a disposition of 939 shares of Common Stock on August 2, 2026. The shares were withheld at $21.30 per share to satisfy her tax liability upon vesting of a previously granted award. Following this tax-withholding transaction, she directly holds 36,112.82 shares of California BanCorp common stock.

Insider Trade Summary

Net Seller: 939 shares

Net Sell 1 txn

Insider Merchant Manisha

Role EVP / Chief Legal Officer

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

Holdings After Transaction: Common Stock — 36,112.82 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: 939 shares Disposition price: $21.30 per share Shares owned after transaction: 36,112.82 shares +1 more

4 metrics

Shares disposed 939 shares Common Stock disposed on August 2, 2026 to satisfy tax liability

Disposition price $21.30 per share Price per share for the 939-share tax-withholding disposition

Shares owned after transaction 36,112.82 shares Direct Common Stock holdings following the August 2, 2026 transaction

Transaction code Code F Payment of tax liability by delivering or withholding securities

Key Terms

tax liability, previously granted award, withholding securities

3 terms

tax liability financial

"Shares disposed to satisfy the Reporting Person's tax liability"

previously granted award financial

"by the vesting of a previously granted award"

withholding securities financial

"Payment of tax liability by delivering or withholding securities"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 08:18 PM Accepted by SEC EDGAR 08/03/2026 - 08:18 PM Learn about SEC filing dates

FAQ

What insider transaction did BCAL executive Manisha Merchant report on this Form 4?

Manisha Merchant, EVP and Chief Legal Officer of California BanCorp (BCAL), reported a tax-withholding disposition of 939 shares of Common Stock on August 2, 2026. The shares were delivered to cover tax due on a previously granted equity award’s vesting.

How many BCAL shares were disposed of and at what price in this Form 4?

The filing shows a disposition of 939 California BanCorp Common Stock shares at $21.30 per share. According to the footnote, these shares were withheld or delivered specifically to satisfy the reporting person’s tax liability related to a vested equity award.

How many California BanCorp (BCAL) shares does Manisha Merchant own after this transaction?

After the reported tax-withholding transaction, Manisha Merchant directly owns 36,112.82 shares of California BanCorp Common Stock. This post-transaction balance reflects her remaining direct holdings following the 939-share disposition used to cover her tax obligation.

Was the BCAL Form 4 transaction by Manisha Merchant an open-market sale?

The transaction is coded F and described as a payment of tax liability by delivering or withholding securities, with a footnote explaining shares were disposed to satisfy tax from a vesting award. This characterizes it as tax withholding rather than a discretionary open-market sale.

Was the Manisha Merchant BCAL Form 4 filed under a Rule 10b5-1 trading plan?

The Rule 10b5-1 checkbox for this Form 4 is not checked, and there is no footnote indicating a trading plan. The transaction is instead identified as a tax-liability payment through share withholding upon vesting of a previously granted equity award.

What role does Manisha Merchant hold at California BanCorp (BCAL) in this Form 4?

Manisha Merchant is identified as Executive Vice President and Chief Legal Officer of California BanCorp. The Form 4 reports her as an officer of the company and details a tax-withholding disposition affecting her direct holdings of the company’s Common Stock.

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^*

Merchant Manisha

(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 Legal 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	36,112.82	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:

	Jean Carandang, as attorney in fact for Merchant Manisha	08/03/2026
	** 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)