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.
California BanCorp executive Peter Nutz filed an amended insider report correcting the price on a prior tax-related share disposition. On this Form 4/A, he reports a tax-withholding disposition of 1,215 shares of common stock at $18.96 per share on February 22, 2026. This transaction was used to satisfy tax obligations rather than being an open-market sale, and it left him with 32,523.08 shares held directly.
California BanCorp Bank Chief Financial Officer Jean Carandang reported several stock transactions involving company common shares. On March 2, 2026, she acquired 6,812 restricted stock units at $0.00 per share as a grant that will vest annually in substantially equal installments over three years beginning March 1, 2027.
On March 1, 2026, she disposed of 778, 1,132, and 1,077 shares at $18.31 per share to satisfy tax liabilities related to a previously granted award. A separate transaction on January 16, 2026 reinvested cash dividends into 61.16 additional shares at $18.89. Following these direct transactions, she directly owned 38,362.16 shares, and an additional 8,000 shares were held indirectly through an IRA.
California BanCorp EVP and Chief Accounting Officer Joann Yeung reported equity award and related share movements in company stock. On March 2, 2026, she received a grant of 5,995 restricted stock units, which will vest annually in substantially equal installments over a three-year period beginning on March 1, 2027. On March 1, 2026, several blocks of common stock were disposed of at $18.31 per share to cover tax liabilities arising from the vesting of a previously granted award. On January 16, 2026, an additional 34.05 shares were acquired through reinvestment of cash dividends. Following these transactions, her directly owned common stock position reported after the March 2 award was 34,128.05 shares.
California BanCorp EVP and Chief Legal Officer Manisha Merchant reported a mix of equity award and related share movements in company stock. On March 2, 2026, she received a grant of 12,916 restricted stock units, which will vest in substantially equal annual installments over a two-year period beginning March 1, 2027. On March 1, 2026, 1,879 shares and 196 shares of common stock were disposed at $18.31 per share to satisfy tax liabilities tied to vesting of a prior award, rather than through open-market selling. Earlier, on January 16, 2026, 42.82 shares were acquired through reinvestment of cash dividends at $18.89 per share. Following these transactions, she directly held 37,051.82 shares of common stock.
California BanCorp President Richard Hernandez reported several stock-related transactions in company shares. On March 2, 2026, he received a grant of 15,055 restricted stock units at no cost. According to the footnotes, these units will vest in substantially equal annual installments over two years beginning on March 1, 2027.
On March 1, 2026, 361 shares of common stock were disposed of at $18.31 per share to satisfy his tax liability from a prior award vesting, which is a withholding transaction rather than an open-market sale. A January 16, 2026 entry shows 38.2 shares acquired at $18.89 per share through dividend reinvestment. The data also notes 20,834 shares held indirectly through an IRA, in addition to his directly held shares after these transactions.
California BanCorp director Andrew J. Armanino reported new equity awards and updated holdings. On February 20, 2026, he acquired 1,042 shares of common stock at $0.00 per share as a grant of restricted stock units for service on the Board, with shares to be issued in full upon vesting on February 20, 2026. He also reported a prior reinvestment of cash dividends on January 16, 2026 that added 40.41 shares at $18.89 per share. Following these transactions, he directly owned 12,443.41 shares and indirectly reported 212,578 shares held through a trust.
California BanCorp director Stephen A. Cortese reported an equity award and related holdings in the company’s common stock. On February 20, 2026, he acquired 1,042 RSUs at $0.00 per unit as compensation for serving on the Board, with shares issued upon vesting on that date. Following this, his direct holdings totaled 349,587.18 shares. As of the same date, he also reported indirect holdings of 44,645 shares through the Cortese Trust and 2,086 shares through Cortese Real Property LP. A prior transaction on January 16, 2026 shows 52.18 shares acquired via reinvestment of cash dividends at $18.89 per share.
California BanCorp (BCAL) director Kevin J. Cullen reported equity awards and updated holdings in the company’s common stock. On February 20, 2026, he acquired 1,042 restricted stock units as a grant for service on the Board of Directors at a stated price of $0.00 per share. According to the filing, these RSUs will vest and convert into shares on February 20, 2026, bringing his direct ownership to 12,443.41 shares of common stock.
The filing also shows an earlier January 16, 2026 transaction labeled as “other acquisition or disposition” for 40.41 shares at $18.89 per share, described in a footnote as reinvestment of cash dividends. In addition to his direct holdings, Cullen reports indirect ownership through retirement and trust accounts, including 9,600 shares by a 401(k), 6,426 shares by an IRA, and 62,881 shares held by the Kevin John Cullen Trust.
California BanCorp EVP and Chief Credit Officer Peter Nutz reported routine share transactions in company stock. On January 16, 2026, cash dividends were reinvested into 45.08 shares of common stock at $18.89 per share, increasing his directly held stake.
On February 22, 2026, 1,215 shares of common stock were disposed of at $18.86 per share to satisfy his tax liability upon vesting of a previously granted equity award, a non‑open‑market, tax‑withholding disposition. After these transactions, he directly owned 32,523.08 shares of California BanCorp common stock.
California BanCorp has entered into an amended and restated employment agreement with Chairman and CEO David I. Rainer, effective March 1, 2026, under which he will continue as Chairman and Chief Executive Officer of the company and its bank subsidiary until March 1, 2029.
Rainer will receive a base salary of $62,500 per month and a restricted share unit award valued at $1,200,000 in common stock, vesting 50% on the second anniversary of the grant date and 50% on the third. He also receives a $1,500 per month automobile allowance and participation in benefit plans. If terminated without cause or he resigns for good reason, he is generally entitled to 12 months of current base salary and health premiums; in a change in control context, this increases to 36 months of base salary, three times his average bonus for the prior three years, and six months of health premiums.