California BanCorp (BCAL) EVP Joann Yeung Sells 704 Shares

What Happened
Joann Yeung, EVP and Chief Accounting Officer of California BanCorp (BCAL), disposed of 704 shares on August 2, 2026. The shares were reported as disposed at $21.30 per share, for a total of $14,995. This was a share disposition to satisfy tax liability tied to the vesting of a previously granted award, not an open-market sale intended as a directional bet on the stock.

Key Details

• Transaction date and price: 2026-08-02 at $21.30 per share; total reported value $14,995.
• Transaction code/footnote: Code F — payment of exercise price or tax liability. Footnote F1 states shares were disposed to satisfy the reporting person's tax liability upon vesting of a previously granted award.
• Filing: Form 4 filed 2026-08-03 for the period ending 2026-08-02 (timely filing).
• Shares owned after transaction: Not specified in the reported summary.

Context
This was a routine tax-withholding disposition related to award vesting (common when companies withhold or sell shares to cover taxes). Such transactions are administrative and do not necessarily reflect the insider’s sentiment about the company. The amount involved (~$15k) is modest and not indicative of material insider trading.