David J. Volk - May 21, 2025 Form 4 Insider Report for California BanCorp \ CA (BCAL)

Role
Director
Signature
Manisha Merchant, as attorney in fact for Volk David J.
Stock symbol
BCAL
Transactions as of
May 21, 2025
Transactions value $
$0
Form type
4
Date filed
5/23/2025, 07:57 PM
Previous filing
Aug 12, 2024
Next filing
Oct 1, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Volk David J. Director C/O CALIFORNIA BANCORP, 355 S. GRAND AVE STE 1200, LOS ANGELES Manisha Merchant, as attorney in fact for Volk David J. 2025-05-23 0001733127

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCAL Common Stock Award $0 +3.73K +0.16% $0.00 2.35M May 21, 2025 By Castle Creek Advisors IV LLC and Castle Creek Capital Partners VI LP F1, F2
holding BCAL Common Stock 1.2K May 21, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BCAL Stock Options 7.5K May 21, 2025 Common Stock 7.5K $12.96 Direct F3
holding BCAL Stock Options 10K May 21, 2025 Common Stock 10K $9.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units, each of which represents the right to receive one share of common stock of California BanCorp, Inc. (Common Stock), were assigned to Castle Creek Advisors IV LLC (Advisors IV), on behalf of David Volk in his capacity as a member of the Board of Directors of California BanCorp, Inc. and will become fully vested on May 21, 2026.
F2 Includes 6,875 shares of unvested RSUs held by Advisors IV and 2,340,719 shares of Common Stock held by Castle Creek Capital Partners VI LP. Mr. Volk, a managing principal of Castle Creek, disclaims beneficial ownership of such shares held by Advisors IV and Castle Creek Capital Partners VI LP, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3 These options are fully vested.