What are Jean Carandang’s direct BCAL share holdings after this transaction?

After the tax-withholding disposition, Jean Carandang directly holds 35,989.16 shares of California BanCorp Common Stock. This figure reflects her updated direct ownership position following the use of 1,185 shares to satisfy tax obligations tied to an earlier equity grant.

California BanCorp CFO withholds shares for taxes

California BanCorp's Bank Chief Financial Officer Jean Carandang reported routine equity activity.

Filing Impact

(Neutral)

Filing Sentiment

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Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

California BanCorp's Bank Chief Financial Officer Jean Carandang reported routine equity activity. On June 8, 2026, 1,185 shares of Common Stock were disposed of at $19.39 per share to satisfy tax liability from the vesting of a previously granted award. After this tax-withholding disposition, Carandang directly holds 35,989.16 Common shares and indirectly holds 8,000 Common shares through an IRA.

Insider Trade Summary

Exercise Price or Tax Liability: 1,185 shares

Exercise Price or Tax Liability 2 txns

Insider Carandang Jean

Role Bank Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,185	$19.39	$23K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 35,989.16 shares (Direct); Common Stock — 8,000 shares (Indirect, By IRA)

Footnotes (1)

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

Key Figures

Tax-withheld shares: 1,185 shares Disposition price: $19.39 per share Direct holdings after transaction: 35,989.16 shares +1 more

4 metrics

Tax-withheld shares 1,185 shares Common Stock disposed to satisfy tax liability

Disposition price $19.39 per share Price per share for tax-withholding disposition

Direct holdings after transaction 35,989.16 shares Direct Common Stock ownership following tax withholding

Indirect IRA holdings 8,000 shares Common Stock held indirectly by IRA

Key Terms

tax liability, vesting, IRA, Common Stock

4 terms

tax liability financial

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

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.

IRA financial

"total_shares_following_transaction 8000.0000, direct_or_indirect I, nature_of_ownership By IRA"

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.

Common Stock financial

"security_title Common Stock, transaction_type non-derivative"

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.

FAQ

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

What did BCAL executive Jean Carandang report in this Form 4 filing?

Jean Carandang, Bank Chief Financial Officer of California BanCorp, reported a routine tax-related share disposition and updated holdings. The Form 4 shows shares withheld to cover tax on a vesting award and her remaining direct and indirect Common Stock positions.

How many BCAL shares were disposed of for taxes by the CFO?

The filing shows 1,185 Common Stock shares were disposed of at $19.39 per share. According to the footnote, these shares were used to satisfy Jean Carandang’s tax liability triggered by the vesting of a previously granted equity award.

What indirect BCAL holdings does the CFO report on this Form 4?

The Form 4 lists an indirect holding of 8,000 California BanCorp Common shares held "By IRA." This indicates Jean Carandang has an additional position in the stock through an individual retirement account, separate from her directly held shares reported in the filing.

Was this BCAL Form 4 transaction an open-market sale by the CFO?

No, the Form 4 describes the event as a tax-withholding disposition, coded "F." Shares were delivered to satisfy tax liability from a vesting award, rather than sold in an open-market transaction, making this a routine administrative equity event for the executive.

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

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Accepted by SEC EDGAR 06/08/2026 - 08:10 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

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^*

Carandang Jean

(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)
	Bank Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/08/2026		F⁽¹⁾		1,185	D	$19.39	35,989.16	D
Common Stock								8,000	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Jean Carandang	06/08/2026
	** 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)

Source: View Original Filing on SEC EDGAR