Welcome to our dedicated page for California Bancorp SEC filings (Ticker: BCAL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
California BanCorp filings document regulatory disclosures for a registered bank holding company and its wholly owned subsidiary, California Bank of Commerce, N.A. The company’s Form 8-K reports cover quarterly and annual earnings releases, Regulation FD investor presentations, cash dividend declarations, and material credit-related events affecting bank assets.
Its proxy and governance filings describe annual meeting matters, director and executive compensation topics, shareholder voting procedures, and board oversight. Other current reports document executive transitions, employment agreements, separation arrangements, and related compensatory matters, providing formal records of governance, capital actions, operating results, and bank holding company disclosure obligations.
On 06/21/2025, California BanCorp (BCAL) Executive Vice President & Chief Operating Officer Michele Wirfel filed a Form 4 reporting the disposition of 93 common shares at $14.53 per share. The footnote clarifies that the shares were automatically withheld to satisfy taxes due upon the vesting of a previously granted equity award, making the event administrative rather than discretionary.
Following the transaction, the executive continues to hold 78,282 shares of BCAL stock, indicating a reduction of less than 0.2 % of her total ownership. No derivative securities were bought, sold, or exercised, and no 10b5-1 trading plan was indicated. Given the small size and tax-related nature of the sale, the filing is considered routine with negligible impact on the company’s insider-ownership profile or market outlook.
Insider Activity Overview: California BanCorp (BCAL) filed a Form 4 showing that Chief Executive Officer and Director Steven E. Shelton disposed of 163 common shares on 06/21/2025 at $14.53 per share, a transaction valued at approximately $2,340.
The sale was executed solely to satisfy the executive’s tax withholding obligation arising from the vesting of a prior equity award, as disclosed in the footnote to the filing.
Post-transaction, Shelton directly holds 133,333 BCAL shares, meaning more than 99 % of his previous stake remains intact. The transaction represents less than 0.2 % of his beneficial holdings and is immaterial relative to the company’s total shares outstanding. No derivative securities were involved, and there is no indication of a broader change in the executive’s ownership strategy.