Di Tomaso Frank 4

What Happened
Frank Di Tomaso, a director of California BanCorp (BCAL), had two reported acquisitions: a grant of 3,196 restricted stock units (RSUs) on June 1, 2026 (reported at $0.00), and a reinvestment of cash dividends on January 16, 2026 that purchased 13.35 shares at $18.89 each for a reported $252. The RSU award is compensation for board service; the dividend reinvestment is a routine acquisition of shares.

Key Details

• Transaction dates and amounts:
  • 2026-06-01: Grant/award (code A) — 3,196 RSUs, $0.00 per share, total $0 (report shows award, not a cash purchase).
  • 2026-01-16: Dividend reinvestment (code J) — 13.35 shares @ $18.89 = $252.
• Shares owned after the transactions: Not specified in the excerpt of the filing.
• Footnotes:
  • F1: January 16 acquisition was a reinvestment of cash dividends.
  • F2: The 3,196 RSUs were issued as board compensation and will vest in full on June 1, 2027; shares will be issued upon vesting.
• Filing timing: Form 4 filed June 3, 2026 for a reportable event on June 1, 2026 (appears timely under standard Form 4 rules).

Context
RSU grants are compensation and do not involve an immediate cash purchase by the insider; value is typically realized when RSUs vest and shares are issued. Dividend reinvestments are routine and generally reflect automatic reinvestment rather than a bullish trading signal.