LESTER SUSAN E 4
4 · BANC OF CALIFORNIA, INC. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Banc of California (BANC) Director Susan E. Lester Receives RSU Award
What Happened Susan E. Lester, a director of Banc of California (BANC), was granted 4,780 restricted stock units (RSUs) on May 6, 2026. The award was reported as an acquisition at $0.00 per share (total reported value $0) and represents compensation for board service. The RSUs are scheduled to vest in full on the one-year anniversary of the grant.
Key Details
- Transaction date: 2026-05-06 (reported on Form 4 filed 2026-05-08). Filing appears timely under Form 4 rules.
- Transaction type/code: Award/Grant (A).
- Shares granted: 4,780 RSUs; grant price reported as $0.00 (total $0).
- Footnote F1: RSUs issued as board compensation and will vest in full one year from grant.
- Footnote F2: The reported amount includes 226 shares acquired under the issuer’s Dividend Reinvestment Plan (DRIP).
- Shares owned after transaction: Not specified in the filing.
Context This was a standard director compensation award (RSUs), not an open-market purchase or sale. Such grants compensate service and typically vest over time; they do not, by themselves, signal an immediate buy/sell decision by the insider.
Insider Transaction Report
Form 4
LESTER SUSAN E
Director
Transactions
- Award
Common Stock
[F1][F2]2026-05-06+4,780→ 53,264 total
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for her service on the Issuer's Board of Directors. Shares will be issued in full upon vesting, which is scheduled to occur on the one-year anniversary of the grant date.
- [F2]Amount reported includes 226 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.
Signature
/s/ Ido Dotan, Attorney-in-Fact for Susan E Lester|2026-05-08