California BanCorp \ CA·4

Mar 9, 7:31 PM ET

Carandang Jean 4

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California BanCorp (BCAL) CFO Jean Carandang Sells 8,000 Shares

What Happened
Jean Carandang, Chief Financial Officer of California BanCorp (BCAL), reported a sale of 8,000 shares on 2026-03-06. The shares were sold at $17.90 per share for a total value of approximately $143,200. This was a sale (S) reported as an open-market or private sale — sales are frequently routine and do not necessarily indicate a change in insider sentiment.

Key Details

  • Transaction date: 2026-03-06; filing date: 2026-03-09 (filed within the SEC’s required timeframe).
  • Price and amount: 8,000 shares at $17.90 per share; total ≈ $143,200.
  • Shares owned after transaction: Not specified in the information provided.
  • Notable notes/footnotes: Filing does not indicate a 10b5-1 trading plan, option exercise, gift, or tax-withholding event for this transaction.

Context

  • This was a straightforward share sale (transaction code S). For retail investors, purchases are generally more indicative of positive insider sentiment; sales can be for many reasons (diversification, liquidity needs, tax planning) and are not by themselves proof of a negative view of the company.