Curran Mary A 4
4 · BANC OF CALIFORNIA, INC. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Banc of California (BANC) Director Mary Curran Receives RSU Award
What Happened
Mary A. Curran, a director of Banc of California (BANC), received a grant of 4,780 restricted stock units (RSUs) on 2026-05-06. The filing shows the acquisition price as $0.00 (a compensation award), so no cash was paid. Per the filing, the RSUs will be issued in full upon vesting, scheduled for the one‑year anniversary of the grant date.
Key Details
- Transaction date: 2026-05-06; Form filed: 2026-05-08 (timely filing).
- Award: 4,780 RSUs, acquisition price reported as $0.00 (compensation award).
- Vesting: RSUs vest in full one year after the grant date (see footnote F1).
- Reported holdings notes: filing indicates other holdings are included in reported amounts — e.g., 5,366 shares transferred into the Mary Allis Curran Trust and 1,375 shares acquired via a dividend reinvestment plan (F2); another 139 DRIP shares are also noted in the filing extract (F3).
- Filing timeliness: filed two days after the transaction date (no late‑filing flag in the provided data).
Context
This was an equity award for board service (compensation), not an open‑market purchase or sale. RSUs typically convert into shares at vesting and do not reflect an immediate cash outlay or sale; they are common director compensation and should be interpreted as such rather than a direct bullish or bearish trade signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-06+4,780→ 10,663 total
- 60,456(indirect: By Trust)
Common Stock
[F2] - 5,555(indirect: By IRA)
Common Stock
[F3]
Footnotes (3)
- [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 5,366 shares transferred by the Reporting Person into the Mary Allis Curran Trust previously reported as directly held. Amount reported also includes 1,375 shares of the Issuer's common stock acquired pursuant to a broker-administered dividend reinvestment plan.
- [F3]Amount reported includes 139 shares of the Issuer's common stock acquired pursuant to a broker-administered dividend reinvestment plan.