Form 4: California BanCorp EVP Transfers Shares to Living Trust
SEC Form 4 Filing
Martin Liska, EVP and Chief Risk Officer of California BanCorp, reports transferring shares of common stock to a living trust account.
Summary
- On May 16, 2025, Martin Liska, EVP and Chief Risk Officer of California BanCorp, transferred 3,838 shares of common stock to his living trust account (MACH4 Trust).
- The shares were transferred at a price of $0.00.
- Following the transaction, Liska directly owns 28,830 shares and indirectly owns 25,542 shares through the MACH4 Trust.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (transfer to a trust) with no apparent negative implications. It's a routine transaction, so the sentiment is moderately positive due to the lack of negative news.
Industry Context
This is a routine Form 4 filing, indicating a change in beneficial ownership due to a transfer of shares to a living trust, which is a common estate planning strategy.
Stakeholder Impact
- The transfer of shares to a living trust is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of the share transfer to the living trust. |
| 05/19/2025 | Date of signature by Manisha Merchant, by POA for Martin Liska. |
Keywords
California BanCorp, BCAL, Martin Liska, EVP, Chief Risk Officer, Form 4, Beneficial Ownership, Share Transfer, Living Trust, MACH4 Trust
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