Hussain Hamid 4

What Happened
Hussain Hamid, President of the Bank at BANC OF CALIFORNIA, INC. (BANC), acquired 14,000 common shares in open-market purchases on 2026-02-09. The Form 4 reports a weighted-average price of $21.12 per share (individual trades ranged $21.10–$21.14), for a total reported value of $295,680. This transaction was a purchase (an acquisition), not a sale.

Key Details

• Transaction date: 2026-02-09; Form filed 2026-02-10 (filed the next day).
• Transaction type/code: Open-market purchase (P).
• Price: Weighted average $21.12; reported range $21.10–$21.14 (see footnote F1).
• Shares acquired: 14,000; Approximate cash value: $295,680.
• Shares owned after transaction: Not provided in the supplied filing details.
• Footnote F1: Price is a weighted average across multiple trades; reporting person will provide breakdown of shares bought at each price on request.
• No 10b5-1 plan, option exercise, gift, or tax-withholding note was reported in the provided information.

Context
This was a straightforward open-market purchase (cash acquisition), not an option exercise or award. Insider purchases are often monitored by investors as a potential positive signal, but they are factual transactions and do not guarantee future company performance. The filing appears timely based on the reported transaction and filing dates.