EGGEMEYER JOHN M III 4

What Happened

• John M. Eggemeyer III, a director of BANC OF CALIFORNIA, INC. (BANC), was granted 4,780 restricted stock units (RSUs) on 2026-05-06. The award was reported at an acquisition price of $0.00 because it is compensation, not a cash purchase. The RSUs will be issued in full upon vesting, scheduled for the one‑year anniversary of the grant (around 2027-05-06).

Key Details

• Transaction date: 2026-05-06; filing date: 2026-05-08 (filed timely).
• Transaction type/code: Award/Grant (A); amount: 4,780 RSUs; acquisition price reported: $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The filing notes the reported amount includes 298 shares acquired under the issuer’s Dividend Reinvestment Plan (DRIP).
• No immediate sale or cashless exercise reported — these RSUs vest later and convert to shares at vesting.

Context

• RSUs are a form of compensation: they don’t transfer shares immediately but promise shares when they vest. This is routine board compensation and not an open‑market purchase or sale. For retail investors, grants indicate alignment with company performance but are not a direct buy signal until (and unless) the insider purchases shares on the open market.