Form 4: California BanCorp CFO Transfers Shares to Trust
Insider Transaction Report
California BanCorp's EVP and CFO, Thomas G. Dolan, transferred 19,346 shares of common stock to his living trust.
Summary
- Thomas G. Dolan, EVP / Bancorp CFO/ CSO of California BanCorp (BCAL), reported a change in beneficial ownership.
- On December 12, 2025, Dolan transferred 19,346 shares of common stock.
- These shares were disposed of from his direct ownership and simultaneously acquired by his living trust, the THOMAS G DOLAN LIVING TRUST DATED 8/9/2016.
- The transaction price was $0.00, indicating an internal transfer for estate planning purposes rather than a market sale or purchase.
- Following the transaction, Dolan directly owns 30,301 shares and indirectly owns 260,159 shares through his living trust.
Sentiment
Score: 5
Explanation: Neutral. This Form 4 reports a routine internal transfer of shares to a living trust, which is a common estate planning activity and does not reflect a change in market sentiment or company performance.
Positives
- The transaction represents a non-market transfer of shares to a living trust, which is a common estate planning activity and does not indicate a sale of shares into the open market.
Future Outlook
No specific future outlook or guidance is provided in this insider transaction report.
Management Comments
- Shares were transferred to the Reporting Person's living trust account.
Industry Context
This filing details an individual insider transaction, which is specific to California BanCorp and its executive management. It does not provide information related to broader industry trends or competitive landscape.
Related Party Transactions
- The transfer of 19,346 shares of common stock from direct ownership to the THOMAS G DOLAN LIVING TRUST DATED 8/9/2016, which is an entity controlled by the reporting person.
Stakeholder Impact
- Shareholders may note the continued beneficial ownership of a key executive, albeit through an indirect structure. This type of internal transfer typically has minimal direct impact on the company's operations or market valuation.
Key Dates
| Date | Description |
|---|---|
| 12/12/2025 | Transaction date for the transfer of common stock by Thomas G. Dolan. |
Keywords
California BanCorp, BCAL, Thomas G. Dolan, Form 4, Insider Transaction, Stock Transfer, Living Trust, Corporate Officer, CFO
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