Form 4: Banc of California CEO Jared M. Wolff Reports Stock Transactions
SEC Form 4 Filing
Jared M. Wolff, President and CEO of Banc of California, reports the disposition of shares to cover tax liabilities and an acquisition through a dividend reinvestment plan.
Summary
- On March 1, 2025, Jared M. Wolff, the President and CEO of Banc of California, disposed of 4,146 shares of common stock to cover tax liabilities at a price of $14.87 per share.
- Following the transaction, Wolff directly owns 198,946 shares of Banc of California common stock.
- This amount includes 440 shares acquired through the Issuer's Dividend Reinvestment Plan.
- Wolff also indirectly owns 274,400 shares through the Wolff Family Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine disclosure related to insider trading and is a normal part of corporate governance.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock transaction (disposal of shares to cover tax liability). |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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