Schlogel Vania E 4
4 · BANC OF CALIFORNIA, INC. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
BANC Director Vania Schlogel Receives 4,780 RSU Award
What Happened
Vania Schlogel, a director of Banc of California, received an award of 4,780 restricted stock units (RSUs) on May 6, 2026. The RSUs were granted at $0.00 (typical for equity awards) and have no immediate cash purchase price. 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 4 filed: 2026-05-08 (appears timely).
- Transaction type/code: A — Award/Grant of RSUs; grant price reported as $0.00.
- Shares/units granted: 4,780 RSUs. Reported total includes 587 shares acquired via the issuer’s Dividend Reinvestment Plan (DRIP) (footnote).
- Vesting: RSUs vest in full on the one-year anniversary of the grant (per footnote).
- Shares owned after transaction: Not specified in the provided excerpt.
- No 10b5-1 plan, sale, exercise, or tax-withholding details reported in the provided data.
Context
RSU grants to directors are routine compensation and do not represent an open-market purchase or sale. These units do not become actual shares until they vest (here, one year later), so they do not immediately increase tradable float. The inclusion of 587 DRIP shares indicates some existing ownership was acquired via dividend reinvestment and is reflected in the reported holdings.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-06+4,780→ 33,665 total
Footnotes (2)
- [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 587 shares of the Issuer's common stock acquired pursuant to Issuer's Dividend Reinvestment Plan.