Volk David J. 4/A

What Happened

• David J. Volk, a director of California BanCorp (BCAL), filed an amended Form 4 to remove previously reported indirect holdings: 2,346,104 shares attributable to Castle Creek Capital Partners VI, LP ("Fund VI") and 3,725 shares attributable to Castle Creek Advisor IV LLC. The amendment shows a disposition (transaction code J) dated 2026-01-28 with a reported price of $0.00 and total proceeds $0. This filing corrects prior reporting and does not show Volk personally receiving cash proceeds.

Key Details

• Transaction date: 2026-01-28 (reported as an “other acquisition or disposition,” code J).
• Reported price/proceeds: $0.00; total $0.
• Shares removed: 2,346,104 (Fund VI) and 3,725 (Castle Creek Advisor IV LLC). Fund VI no longer owned any BCAL common stock as of 2026-01-28.
• Filing: Amended Form 4 filed 2026-02-10 (period of report 2026-02-03); this amendment removes the holdings that were reported in the Form 4 filed February 5, 2026.
• Footnote: Volk is the managing principal of Castle Creek Capital VI LLC (GP of Fund VI) and expressly disclaims beneficial ownership of the Fund VI shares for purposes of Section 16.

Context

• This is an amendment and a correction of previously reported indirect/institutional holdings — not a clear personal sale by Volk. Transaction code J denotes an “other” acquisition/disposition (often a change in an entity’s holdings). The $0.00 reporting and the explicit disclaimer indicate these were indirect fund holdings and not Volk’s personal, beneficial shares. Retail investors should view this as a reporting correction of institutional holdings rather than insider selling by the director personally.