Dolan Thomas G. 4

What Happened Thomas G. Dolan, EVP and Bancorp CFO/CSO of California BanCorp (BCAL), executed an internal transfer on 2026-04-15: a disposition of 5,114 shares at $0.00 paired with an acquisition of 5,114 shares at $0.00. The filing’s footnote states the shares were moved into the reporting person’s living trust. Because the transaction shows $0.00 consideration, this was an administrative transfer rather than a market purchase or sale.

Key Details

• Transaction date: 2026-04-15; Form 4 filed 2026-04-16.
• Transaction codes: "Other acquisition or disposition (J)" — reported as both a disposition and an acquisition for the same 5,114 shares.
• Price: $0.00 per share (no cash proceeds).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: F1 — shares transferred to the Reporting Person's living trust account.
• Timeliness: filing appears timely (transaction on 4/15, filed 4/16).

Context Transfers to personal trusts are commonly administrative (estate planning or account consolidation) and do not necessarily indicate insider sentiment about the company’s prospects. This was not a purchase or open-market sale, so it should not be read as a bullish or bearish trading signal.