Nutz Peter 4

What Happened
Peter Nutz, Executive Vice President and Chief Credit Officer of California BanCorp (BCAL), had 143 shares withheld/surrendered to satisfy tax withholding tied to the vesting of a previously granted award. The shares were valued at $18.76 each for a total of $2,683. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-04-20; Form 4 filed 2026-04-22 (filed promptly within the 2-business-day window).
• Transaction type/code: F — shares disposed to satisfy tax liability on vesting.
• Shares involved: 143 shares surrendered at $18.76 each; total value disclosed $2,683.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: "Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award."

Context
This was a routine tax-withholding event tied to vested equity and should not be interpreted as a traditional sale or a market sentiment signal. For retail investors, purchase transactions typically carry more informational weight than withholding disposals like this one.