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.
California BanCorp executive Michelle Wirfel reported two recent share transactions in company stock. On February 16, 2026, she disposed of 459 shares of common stock at $18.87 per share to cover tax liabilities from a previously vested equity award. After this tax-withholding transaction, she directly owned 76,269.93 shares of common stock. On January 16, 2026, a separate transaction for 36.93 shares at $18.89 per share reflected reinvestment of cash dividends, modestly increasing her direct holdings.
AllianceBernstein L.P. filed an amended Schedule 13G reporting its beneficial ownership of California BanCorp common stock. It reports holding 2,347,421 shares, representing 7.3% of the outstanding common stock as of the event date of December 31, 2025.
The shares are held in discretionary investment advisory accounts and are stated to be acquired solely for investment purposes. AllianceBernstein has sole voting and dispositive power over all reported shares and certifies that the position is not intended to change or influence control of California BanCorp.
California Bancorp received an amended Schedule 13G showing that Endeavour Capital Advisors Inc., together with Laurence M. Austin, Mitchell J. Katz and Jonah Marcus, report beneficial ownership of 1,755,219 shares of common stock, representing 5.4% of the class.
The filing notes that these securities are held in the ordinary course of business and are not held for the purpose of changing or influencing control of the issuer. The ownership percentages are based on 32,418,182 shares outstanding as of December 31, 2025, as reported in a recent company Form 8-K.
California BanCorp director amends prior insider report to correct ownership disclosed through investment funds. The filing removes 2,346,104 shares of common stock previously reported as indirectly held through Castle Creek Capital Partners VI, LP and 3,725 shares belonging to Castle Creek Advisors IV LLC. The amendment notes that, although the fund once held these shares, as of January 28, 2026 Fund VI no longer owns any California BanCorp common stock and the reporting person was not the beneficial owner of those shares. Following this correction, the reported beneficial ownership is 0.00 shares at a reported transaction price of $0.00.
California BanCorp received an amended Schedule 13G from investment entities affiliated with Castle Creek Capital reporting their ownership of its common stock. Castle Creek Capital Partners VI, LP and Castle Creek Capital VI LLC report beneficial ownership of 1,522,105 shares, representing 4.7% of the common stock as of 12/31/2025.
The filing states these shares are subject to shared voting and dispositive power, with no sole voting or dispositive authority reported. The investors also indicate they now own 5 percent or less of the class, reflecting their current stake in California BanCorp.