CORSINI BRYAN M 4
4 · BANC OF CALIFORNIA, INC. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Banc of California (BANC) Chief Credit Officer Bryan Corsini Sells Shares
What Happened
Bryan M. Corsini, Chief Credit Officer of Banc of California, sold 14,988 shares in an open-market transaction on May 26, 2026. The reported weighted-average price was $19.06 per share, producing total proceeds of about $285,731. This was a sale (not a purchase or option exercise), which is often routine insider selling rather than a direct signal of company prospects.
Key Details
- Transaction date: May 26, 2026; Form filed May 27, 2026 (appears timely).
- Price: weighted average $19.06; sales occurred at prices ranging $19.060 to $19.075 per share (see footnote).
- Shares sold: 14,988; estimated proceeds: ~$285,731.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: the reported price is a weighted average because the sale occurred in multiple transactions across the $19.060–$19.075 range; the insider can provide a breakdown on request.
- No indication in this filing of a 10b5-1 plan, option exercise, tax withholding, or gift.
Context
Sales by executives can be for many personal or portfolio reasons and are common; they do not, by themselves, prove a change in insider sentiment about the company. This filing documents the disposal of shares only — no new ownership or options exercise was reported here.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-26$19.06/sh−14,988$285,731→ 59,045 total
Footnotes (1)
- [F1]The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.060 to $19.075 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.