[Form 4] California BanCorp \ CA Insider Trading Activity
Rhea-AI Filing Summary
California BanCorp executive Manisha Merchant reported the disposition of 1,238 shares of common stock on January 6, 2026. The shares were surrendered at a price of $18.79 per share to satisfy the reporting person's tax liability arising from the vesting of a previously granted equity award. After this tax-related transaction, the executive beneficially owned 26,168 shares of California BanCorp common stock in direct ownership. Merchant serves as Executive Vice President and Chief Legal Officer of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,238 | $18.79 | $23K |
Footnotes (1)
- F1. Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.
FAQ
What insider transaction did California BanCorp (BCAL) report for Manisha Merchant?
California BanCorp reported that EVP and Chief Legal Officer Manisha Merchant disposed of 1,238 shares of common stock on January 6, 2026.
What is Manisha Merchant’s role at California BanCorp (BCAL) according to the Form 4?
Manisha Merchant is identified as an Officer, serving as EVP / Chief Legal Officer of California BanCorp.
What does transaction code "F" mean in Manisha Merchant’s California BanCorp Form 4?
Transaction code "F" indicates shares were disposed to satisfy tax withholding obligations associated with the vesting of a prior equity award.
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