Form 4: Banc of California Director John M Eggemeyer III Reports Acquisition of Restricted Stock Units

Director John M Eggemeyer III reports acquisition of restricted stock units and shares through dividend reinvestment.

Summary

• John M Eggemeyer III, a director of Banc of California, Inc., reported the acquisition of 5,883 restricted stock units (RSUs) on May 7, 2025, as compensation for his board service.
• These RSUs will vest and be issued as shares on the one-year anniversary of the grant date.
• He also acquired 210 shares of common stock through the Issuer's Dividend Reinvestment Plan.
• Following these transactions, Eggemeyer directly owns 188,694 shares and indirectly owns 18,721 shares through an IRA.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of RSUs and participation in the dividend reinvestment plan suggest confidence in the company's prospects.

Positives

• The acquisition of RSUs as compensation aligns the director's interests with the company's performance.
• Participation in the Dividend Reinvestment Plan demonstrates confidence in the company's future.

Future Outlook

The RSUs will vest and be issued as shares on the one-year anniversary of the grant date.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings of key individuals within the company.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the holdings of a key company director.
• The director's increased stake in the company aligns his interests with those of shareholders.

Key Dates

Keywords

Banc of California, Director, Eggemeyer, RSUs, Stock Units, Dividend Reinvestment, Beneficial Ownership, Form 4