Form 4: Southern California Bancorp Director John Farkash Reports Acquisition of Common Stock

Director John Farkash of Southern California Bancorp reports acquiring common stock through multiple transactions on February 27, 2024.

Summary

• On February 27, 2024, John Farkash, a director at Southern California Bancorp, acquired common stock through multiple transactions.
• He acquired 12,000 shares at $12.96, 10,000 shares at $7.95, and 15,000 shares at $9.67.
• Following these transactions, Farkash directly owns 628,919 shares of common stock.
• He also indirectly owns 2,404,262 shares through the JOHN FARKASH & HEIDI ELLEN FARKASH TR UA 11/19/2011.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey strong positive or negative sentiment, but the director's purchase could be seen as mildly positive.

Positives

• The director's purchase of shares could be interpreted as a positive signal about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, such as directors, who trade in their company's stock. It provides transparency to the market regarding insider transactions.

Key Dates