Form 4: California BanCorp Executive Transfers Stock to Trust

California BanCorp Executive Chairman David I Rainer reported transferring common stock to his living trust.

Summary

• David I Rainer, Executive Chairman and Director of California BanCorp, reported changes in his beneficial ownership of common stock.
• On December 9, 2025, Mr. Rainer disposed of 2,000 shares of common stock directly, with a transaction price of $0.00.
• On December 15, 2025, Mr. Rainer transferred 110,523 shares of common stock from his direct ownership to the DAVID AND ANNE RAINER TRUST U/A DTD 05/07/1997.
• Both the disposition from direct ownership and the acquisition by the trust on December 15, 2025, were reported with a $0.00 transaction price, indicating an internal transfer.
• Following these transactions, Mr. Rainer directly owns 56,577 shares and indirectly owns 431,347 shares through the DAVID AND ANNE RAINER TRUST U/A DTD 05/07/1997.

Sentiment

Score: 5

Explanation: The filing reports an internal transfer of shares by an insider to a living trust, which is a routine beneficial ownership change and does not reflect a positive or negative outlook on the company's performance.

Industry Context

This filing is a routine disclosure of an insider's change in beneficial ownership and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: No direct impact on the company's operations or financial performance, as it is an internal transfer of existing shares by an insider.

Key Dates

Keywords

California BanCorp, BCAL, David I Rainer, Insider Transaction, Form 4, Stock Transfer, Beneficial Ownership, Executive Chairman