Form 4: BayCom Corp Director Acquires Shares

BayCom Corp Director Syvia L. Magid acquired 1,182 shares of common stock on July 1, 2026, as reported in a Form 4 filing.

Summary

• Syvia L. Magid, a Director at BayCom Corp, acquired 1,182 shares of common stock on July 1, 2026.
• The acquisition was made at a price of $0 per share, indicating it was likely a grant or award.
• Following this transaction, Magid beneficially owns 10,491 shares of common stock.
• The filing also includes a Power of Attorney granted by Syvia Magid to Steven Crowley and others, authorizing them to act on her behalf for SEC filings.
• This Power of Attorney covers actions related to EDGAR system filings, including Forms 3, 4, 5, Schedules 13D and 13G, and Forms 144.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine transaction by a director and a delegation of authority, without providing new financial or strategic information.

Positives

• Director acquisition of shares can signal confidence in the company's future prospects.
• The acquisition of 1,182 shares by a Director indicates continued direct investment in the company.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that insider transactions, such as this share acquisition by a director, are closely watched by the market as potential indicators of management's view on the company's valuation and future performance. Such filings are standard for directors and officers to report changes in their holdings.

Corporate Governance

Stakeholder Impact

• Shareholders: The acquisition by a director may be viewed positively as a sign of confidence, but the transaction size is relatively small in the context of typical insider reporting.
• Management: The delegation of authority through a Power of Attorney streamlines reporting processes for management and directors.
• Employees: No direct impact mentioned.

Next Steps

• Syvia Magid will continue to have her authorized attorneys-in-fact manage SEC filings on her behalf.
• BayCom Corp will continue to operate under its current business strategy, with director share ownership being a standard reporting item.

Key Dates

Keywords

BayCom Corp, BCML, Form 4, Insider Trading, Director, Share Acquisition, SEC Filing, Beneficial Ownership, Power of Attorney, EDGAR