[SCHEDULE 13G] BayCom Corp SEC Filing

Rhea-AI Filing Summary

The Vanguard Group filed a Schedule 13G indicating it crossed the 5 % reporting threshold in BayCom Corp (BCML) as of 30 June 2025. Vanguard now beneficially owns 606,718 common shares, equal to 5.51 % of the outstanding class.

Governance influence is slim: the firm reports 0 shares with sole voting power and 4,320 with shared voting power. Economic exposure is larger, with 598,977 shares under sole dispositive power and 7,741 shares under shared dispositive power.

The position is held in the ordinary course of business for Vanguard-managed funds and accounts, and the adviser certifies it is not seeking to influence control of BayCom. The filing is made under Rule 13d-1(b) as Vanguard is a registered investment adviser.

• Date of event: 30 Jun 2025
• CUSIP: 07272M107
• Issuer HQ: Walnut Creek, CA
• Filer citizenship: Pennsylvania
• Signatory: Ashley Grim, Head of Global Fund Administration (29 Jul 2025)

Positive

• Institutional validation: Vanguard’s 606,718-share position introduces a reputable, long-term investor to BayCom’s register.
• Market visibility: Surpassing 5 % may attract additional institutional interest and improve trading liquidity.

Negative

• Limited voting power: Vanguard holds no sole voting rights and minimal shared votes, reducing any governance influence.
• Potential share overhang: Vanguard’s large dispositive power could create selling pressure if funds rebalance.

Insights

Equity Portfolio Manager

TL;DR: Vanguard’s 5.51 % passive stake signals solid institutional support for BCML.

Crossing the 5 % threshold brings BayCom onto many investors’ radar screens. Vanguard’s 606 k-share position suggests growing institutional ownership in this regional-bank holding company. Although Vanguard claims no intent to influence control, its economic exposure provides liquidity support and may reduce float volatility. The very small voting power (only 4,320 shares) confirms the stake is passive, limiting near-term governance shifts. Still, presence of a reputable index manager often improves perception among analysts and can tighten spreads. Overall impact: modestly positive for valuation and market visibility.

Corporate Governance Analyst

TL;DR: Limited voting rights mean negligible governance impact despite >5 % holding.

From a control perspective, Vanguard’s filing is largely procedural. With zero sole votes and just 4,320 shared votes, it lacks leverage to sway shareholder resolutions or board elections. The dispositive power is high, so rapid share movements could affect liquidity, but governance influence remains de minimis. Investors should not expect activist initiatives or strategic guidance stemming from this disclosure.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

BayCom Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

07272M107

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 07272M107

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 4,320.00
7	Sole Dispositive Power 598,977.00
8	Shared Dispositive Power 7,741.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

606,718.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.51 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BayCom Corp
(b)	Address of issuer's principal executive offices: 500 Ygnacio Valley Road, Suite 200, Walnut Creek, CA, 94596
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd., Malvern, PA 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 07272M107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 606718
(b)	Percent of class: 5.51 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 4320
	(iii) Sole power to dispose or to direct the disposition of: 598977
	(iv) Shared power to dispose or to direct the disposition of: 7741
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	07/29/2025

FAQ

How many BayCom (BCML) shares does Vanguard own?

Vanguard reports 606,718 common shares, representing 5.51 % of the class.

Does Vanguard have voting control over BCML?

No. It lists 0 sole voting power and 4,320 shared votes, indicating minimal influence.

Why did Vanguard file Schedule 13G for BCML?

Crossing the 5 % ownership threshold on 30 Jun 2025 required disclosure under SEC Rule 13d-1(b).

Is Vanguard’s stake activist or passive?

The certification states the shares are held in the ordinary course of business with no intent to influence control.

What dispositive power does Vanguard hold in BCML?

598,977 shares under sole dispositive power and 7,741 under shared dispositive power.