BayCom Corp Director Resigns — Syvia L. Magid Effective July 22, 2026

What Happened
BayCom Corp (BCML) filed an 8-K (Item 5.02) reporting that director Syvia L. Magid notified the boards of BayCom and its subsidiary United Business Bank on July 21, 2026, that she would resign as a director effective July 22, 2026. The filing states her decision was not due to any disagreement with the boards or management.

Key Details

• Resignation notified: July 21, 2026; effective date: July 22, 2026.
• Affected entities: BayCom Corp and its wholly owned subsidiary United Business Bank.
• Reason: Filing explicitly states the resignation was not due to any disagreement with the boards or management.
• 8-K filed and signed by Kevin L. Thompson, Executive VP, CFO and Secretary, on July 24, 2026.

Why It Matters
A board member departure is a governance event investors track because it can affect board composition, committee assignments, and oversight. Here, the company says the resignation was not tied to any dispute, which reduces immediate governance concerns. Investors should watch for announcements about any replacement director or changes to board committees in subsequent filings or proxy materials.