Carandang Jean 4
4 · California BanCorp \ CA · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
California BanCorp (BCAL) CFO Jean Carandang Sells 8,000 Shares
What Happened
Jean Carandang, Chief Financial Officer of California BanCorp (BCAL), reported a sale of 8,000 shares on 2026-03-06. The shares were sold at $17.90 per share for a total value of approximately $143,200. This was a sale (S) reported as an open-market or private sale — sales are frequently routine and do not necessarily indicate a change in insider sentiment.
Key Details
- Transaction date: 2026-03-06; filing date: 2026-03-09 (filed within the SEC’s required timeframe).
- Price and amount: 8,000 shares at $17.90 per share; total ≈ $143,200.
- Shares owned after transaction: Not specified in the information provided.
- Notable notes/footnotes: Filing does not indicate a 10b5-1 trading plan, option exercise, gift, or tax-withholding event for this transaction.
Context
- This was a straightforward share sale (transaction code S). For retail investors, purchases are generally more indicative of positive insider sentiment; sales can be for many reasons (diversification, liquidity needs, tax planning) and are not by themselves proof of a negative view of the company.
Insider Transaction Report
Form 4
Carandang Jean
Bank Chief Financial Officer
Transactions
- Sale
Common Stock
2026-03-06$17.90/sh−8,000$143,200→ 37,174.16 total
Holdings
- 8,000(indirect: By IRA)
Common Stock
Signature
Manisha Merchant, by POA for Jean Carandang|2026-03-09