Private Bancorp of America, Inc. insider Selwyn Isakow, a director and more-than-10% owner, reported his beneficial ownership of Common Stock. Holdings include 9,212 shares held directly, 12,600 shares held indirectly through a retirement account, and 98,633 shares held indirectly through Hilsel Investment Company, L.P. Additional shares are held in various family trusts where Mr. Isakow or his spouse serves as trustee and may be deemed to have voting or investment power.
Private Bancorp of America, Inc. director Setareh Pouraghabagher reported initial beneficial ownership on a Form 3. The filing lists 5,789 shares of Common Stock held as a direct ownership position following the reported entry, with no buy or sell transaction disclosed.
Private Bancorp of America, Inc. director Kathy Lonowski reported her initial ownership position in the company’s Common Stock. The filing lists beneficial ownership of 313 shares held directly, with no purchase, sale, or option exercise transactions reported in connection with this statement. An accompanying exhibit provides a power of attorney authorizing future filing actions.
Private Bancorp of America, Inc. director James R. Parks reported his initial ownership of the company’s common stock. He reported 76,956 shares held directly and 53,333 shares held indirectly through APW Avenue Group, a real estate investment firm. A related partnership and corporate structure may give Mr. Parks voting and investment power over the indirectly held shares.
Private Bancorp of America, Inc. director Leda Ann Csanka filed an initial statement of beneficial ownership. The filing reports holdings of 5,856 shares of Common Stock held with direct ownership. No new purchases, sales, or derivative securities are reported in this filing.
Private Bancorp of America, Inc. director Rex E. Schlaybaugh Jr. reported his initial beneficial ownership on Form 3. The filing lists 15,241 shares of Common Stock held with direct ownership. The filing also references an attached Exhibit 24 covering a Power of Attorney.
Private Bancorp of America, Inc. reported that Michael Francis Pierron, its EVP and COO, filed an initial statement of beneficial ownership as a reporting person. The filing lists no equity holdings or transactions and includes an exhibit described as a Power of Attorney.
Private Bancorp of America, Inc. director, President and CEO Richard L. Sowers filed an initial ownership report detailing his equity interests. He holds 23,841 shares of common stock directly, plus 52,519 shares indirectly through a family trust and 8,150 shares through an IRA. He also holds fully vested stock options over 3,279, 10,000, and 30,000 shares at exercise prices of $25.59, $21.00, and $25.15 with expirations between 2028 and 2033. In addition, performance-based and time-based Restricted Stock Units cover up to 11,516 shares potentially vesting on December 31, 2026, 7,000 on December 31, 2027, and a targeted 6,500 on December 31, 2028, subject to performance targets and continued employment.
Private Bancorp of America, Inc. reported the initial equity holdings of EVP and CFO Stewart C. D. in a Form 3. He directly holds 8,868 shares of common stock, including 2,250 unvested restricted shares that may vest on January 20, 2027, subject to performance conditions and continued employment. He also holds performance-based Restricted Stock Units tied to common stock: up to 2,500 units potentially vesting on December 31, 2026, up to 3,000 units potentially vesting on December 31, 2027, and a targeted 2,892 units that may vest on December 31, 2028, with an actual payout range of 0% to 125% of the target, all subject to performance targets and forfeiture conditions.
Private Bancorp of America, Inc., holding company for CalPrivate Bank, announced that its Registration Statement on Form 10 has been declared effective by the SEC and that its common stock has been approved for listing on the Nasdaq Global Select Market under the ticker PBAM. After more than 13 years trading on the OTCQX market, trading on Nasdaq Global Select is expected to begin at the market open on July 30, 2026. As of June 30, 2026, the company reported $2.71 billion in assets, $2.13 billion in loans, and $2.38 billion in deposits, with quarterly net income of $13.1 million and diluted EPS of $2.27.