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Private Bancorp of America grants COO 2,500 shares

The award vests in four equal installments on June 30, 2027, June 30, 2028, June 30, 2029 and June 30, 2030, subject to forfeiture upon certain events.

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Form Type
4

Rhea-AI Filing Summary

Private Bancorp of America, Inc. (PBAM) EVP and COO Michael Francis Pierron was granted 2,500 shares of unvested restricted stock on August 23, 2026, bringing his directly held shares to 2,500. The award vests in four equal installments and is subject to forfeiture upon certain events specified in the award agreement.

Insider Pierron Michael Francis
Role EVP and COO
Type Security Shares Price Value
Grant/Award Common Stock F1 2,500 $0.00 $0.00
Holdings After Transaction: Common Stock — 2,500 shares (Direct)
Footnotes (1)
  1. F1. Includes 2,500 shares of unvested restricted stock, which vest in four equal installments on June 30, 2027, June 30, 2028, June 30, 2029, and June 30, 2030, and are subject to forefeiture upon the occurence of certain events as specified in the award agreement.
Restricted stock granted 2,500 shares Award dated August 23, 2026
Direct shares following transaction 2,500 shares Michael Francis Pierron's reported position after the award
Vesting installments 4 equal installments The award's vesting schedule
unvested restricted stock financial
"2,500 shares of unvested restricted stock"
equal installments financial
"vest in four equal installments"
award agreement financial
"as specified in the award agreement"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did PBAM EVP and COO Michael Francis Pierron receive?

Michael Francis Pierron was granted 2,500 shares on August 23, 2026; his directly held position afterward was 2,500 shares.

When does PBAM's restricted stock award vest?

The shares vest in four equal installments on June 30, 2027, June 30, 2028, June 30, 2029 and June 30, 2030. They are subject to forfeiture upon certain events specified in the award agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pierron Michael Francis

(Last)(First)(Middle)
9404 GENESEE AVE.
SUITE 100

(Street)
LA JOLLA CALIFORNIA 92037

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Private Bancorp of America, Inc. [ PBAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/23/2026A2,500A$02,500(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 2,500 shares of unvested restricted stock, which vest in four equal installments on June 30, 2027, June 30, 2028, June 30, 2029, and June 30, 2030, and are subject to forefeiture upon the occurence of certain events as specified in the award agreement.
/s/ Cory D. Stewart, as Attorney-in-Fact for Michael Francis Pierron10/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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