Form 4: California BanCorp EVP, Chief Operating Officer Michelle Wirfel Reports Tax Liability Share Disposal
SEC Form 4 Filing
Michelle Wirfel, EVP and Chief Operating Officer of California BanCorp, disposed of shares to cover tax liabilities arising from the vesting of a previously granted award.
Summary
- On April 12, 2025, Michelle Wirfel, EVP and Chief Operating Officer of California BanCorp, disposed of 154 shares of common stock to satisfy tax liabilities.
- The shares were disposed of at a price of $12.16 per share.
- Following the transaction, Wirfel directly owns 78,489 shares of California BanCorp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. This filing indicates a routine transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/12/2025 | Date of transaction: Disposal of shares to cover tax liability. |
| 04/14/2025 | Date of signature by attorney in fact. |
Keywords
Form 4, California BanCorp, BCAL, Michelle Wirfel, EVP, Chief Operating Officer, Share Disposal, Tax Liability, Vesting
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