California BanCorp Bank Chief Financial Officer Jean Carandang reported a tax-withholding disposition of 704 shares of common stock on August 2, 2026 at $21.30 per share, used to satisfy tax liability from the vesting of a prior equity award. Following this, Carandang directly owns 35,285.16 shares and indirectly holds 8,000 shares through an IRA.
BlackRock, Inc. reports beneficial ownership of 1,790,663 shares of California BanCorp common stock, representing 5.6% of the class. BlackRock has sole voting power over 1,767,526 shares and sole dispositive power over 1,790,663 shares, with no shared voting or dispositive power.
The filing explains that various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of California BanCorp’s outstanding common shares. The position is reported on a Schedule 13G by BlackRock as a parent holding company.
California BanCorp reported Q2 2026 net income of $14.3 million, or $0.44 per diluted share, with net interest income of $43.4 million and a net interest margin of 4.71%, up from 4.47% in Q1 2026. Return on average assets was 1.43% and return on average common equity was 9.84%.
Total loans reached $3.11 billion, rising $113.7 million during the quarter, while nonperforming loans fell to $8.9 million and nonperforming assets declined to 0.44% of total assets. The board approved a quarterly dividend of $0.12 per share for payment on October 15, 2026, and the company repurchased 102,594 shares for $2.0 million. Tangible book value per share increased to $14.29, and tangible common equity to tangible assets improved to 11.77%, with regulatory capital ratios above well-capitalized levels.
California BanCorp EVP and COO Michelle Wirfel reported a small tax-related share disposition. On the vesting of a previously granted stock award, 93 shares of Common Stock were withheld at $19.74 per share to cover her tax liability. After this non‑market, tax-withholding transaction, she holds 87,789.93 shares directly.
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.
Armanino Andrew J. reported acquisition or exercise transactions in this Form 4 filing.
California BanCorp director Andrew J. Armanino reported a stock-based compensation grant and updated holdings. He received 3,196 restricted stock units as consideration for service on the Board of Directors. These RSUs vest in full on June 1, 2027, at which time shares will be issued.
Following this award, he directly holds 16,679.41 shares of common stock. He also has indirect ownership of 175,166 shares through a trust titled “Andrew J Armanino & Denise M Armanino TR UA 6/2/1999.” The filing also reflects an adjustment to correct a previously duplicated share count of 37,412 shares.
Cortese Stephen A. reported acquisition or exercise transactions in this Form 4 filing.
California BanCorp director Stephen A. Cortese reported an equity award of 3,196 shares of Common Stock via restricted stock units (RSUs). The RSUs were granted as consideration for his service on the Issuer's Board of Directors at a price of $0.00 per share.
These RSUs are scheduled to vest in full on June 1, 2027, when the underlying shares will be issued. Following the award, Cortese holds 353,823.18 shares directly, along with additional indirect holdings through several trusts and a limited partnership.
California BanCorp director David J. Volk reported an equity compensation grant and updated his option holdings. He received 3,196 shares of Common Stock as a grant at $0.00 per share, increasing his direct Common Stock holdings to 31,391 shares after the transaction.
The grant represents restricted stock units issued for service on the board, with shares scheduled to be issued in full upon vesting on June 1, 2027. Volk also holds fully vested stock options covering 10,000 shares at an exercise price of $9.67 expiring on March 15, 2027 and 7,500 shares at $12.96 expiring on February 20, 2029.
Cullen Kevin J. reported acquisition or exercise transactions in this Form 4 filing.
California BanCorp director Kevin J. Cullen received an equity award in the form of restricted stock units. On June 1, 2026, he was granted 3,196 shares of Common Stock as a compensation award, recorded at a price of $0.00 per share.
The footnote explains these are restricted stock units issued for service on the Board of Directors, with shares scheduled to vest and be issued in full on June 1, 2027. Following this grant, Cullen directly holds 16,679.41 shares, in addition to indirect holdings through a trust, an IRA, and a 401(k).
California BanCorp director Frank Di Tomaso reported routine equity compensation and updated holdings. He received 3,196 shares of Common Stock as a grant of restricted stock units for service on the Board, with shares scheduled to fully vest on June 1, 2027. A separate entry reflects 13.35 shares acquired through reinvestment of cash dividends on January 16, 2026 at $18.89 per share. After these updates, he directly holds 250,580.35 shares of Common Stock and also has indirect ownership through an IRA and a spouse’s IRA, indicating this filing primarily documents compensation and dividend-related activity rather than open‑market trading.