Dolan Thomas G. 4

What Happened Thomas G. Dolan, Executive Vice President and Bancorp CFO/CSO of California BanCorp (BCAL), made two gift dispositions of common stock: 2,050 shares on 2026-03-13 and another 2,050 shares on 2026-03-16. Each transfer is reported as a gift (transaction code G) with a reported $0 cash price (disposition by gift), for a total of 4,100 shares transferred. Gifts are treated as dispositions on Form 4 and do not involve sale proceeds.

Key Details

• Transaction dates and reported prices:
  • 2026-03-13: Gift of 2,050 shares, price reported $0 (disposed)
  • 2026-03-16: Gift of 2,050 shares, price reported $0 (disposed)
• Total shares transferred: 4,100 shares
• Report filed: Form 4 filed 2026-03-17 (appears timely under the two-business-day rule)
• Shares owned after transaction: Not specified in the provided excerpt of the filing
• Transaction code: G = Gift (no cash proceeds recorded)
• Accession/filing metadata: Form 4 accession 0001590198-26-000004 (filed 2026-03-17)

Context Gifts reported on Form 4 indicate a transfer of ownership (to a family member, trust, charity, etc.) and are not a direct market-sale signal; they do not necessarily reflect the insider’s view of the company's prospects. The filing appears timely, and there is no indication here of a 10b5-1 plan, tax withholding, or option exercise tied to these transfers.