Form 4: California BanCorp Executive Sells Shares for Tax

Sentiment:

Insider Transaction Report 22 September 2025 3:10 PM

📋All filings for California Bancorp \ Ca

California BanCorp EVP and COO Michelle Wirfel disposed of 93 shares of common stock to cover tax liabilities from a vested award.

Summary

Michelle Wirfel, Executive Vice President and Chief Operating Officer of California BanCorp (BCAL), reported a transaction involving company common stock.
On September 21, 2025, 93 shares of common stock were disposed of at a price of $17.43 per share.
The disposition was made to satisfy the reporting person's tax liability associated with the vesting of a previously granted equity award.
Following this transaction, Michelle Wirfel directly beneficially owns 76,785 shares of California BanCorp common stock.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine tax-related disposition of shares by an executive, not indicative of positive or negative company performance or outlook.

Future Outlook

Industry Context

This filing details a routine executive compensation-related transaction and does not provide information relevant to broader industry trends or competitive positioning.

Key Dates

Date	Description
09/21/2025	Transaction Date for the disposition of common stock.
09/22/2025	Signature Date of Reporting Person (via Power of Attorney).

Recommendation

hold

The filing details a routine disposition of shares by an executive to cover tax liabilities from a vested award. This type of transaction is common and does not reflect a change in the company's fundamentals, strategic direction, or the executive's confidence in the company. Therefore, it provides no basis to alter an existing investment recommendation.

Keywords

California BanCorp, BCAL, Michelle Wirfel, Form 4, Insider Transaction, Stock Disposition, Tax Liability, Executive Compensation

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