BCAL California BanCorp \ CA
Price Chart
Executive Summary
David I. Rainer, an officer and director of California BanCorp, filed a Form 144 indicating intent to sell 75,000 shares of common stock, valued at approximately $1.42 million. The sale is not excessive relative to market cap (~0.23%) and is likely part of routine portfolio management, but it signals insider selling activity.
Actionable Insight
Monitor subsequent filings (Form 4) to confirm if the sale actually executes. A single moderate insider sale is not alarming, but continued insider selling would warrant caution.
Key Facts
- Insider: David I. Rainer (Officer and Director)
- Shares to be sold: 75,000 shares of common stock
- Estimated value: ~$1,424,891.35
- Market cap: ~$613M
- Shares acquired via grants on 12/01/2024 and 12/01/2025
Financial Impact
Sale of ~$1.42M in stock, representing ~0.23% of market cap
Risk Factors
- Insider selling may signal lack of confidence
- Additional selling by other insiders could compound negative sentiment
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001957799-26-000059 |
| Document: 0001957799-26-000059-index.html | 0001957799-26-000059 |
| Document: 0001957799-26-000059.txt | 0001957799-26-000059 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
Institutional Cluster
| $19.81 awaiting T+5 | awaiting T+5 | — | $19.77 (−0.20%) |
|
May 28, 2026
16d ago
|
8-K
| $18.94 $18.65 | ▼ −1.53% | ▼ −1.48% | $19.77 (+4.38%) |
|
May 7, 2026
5w ago
|
144
| $19.07 $18.60 | ▼ −2.46% | ▼ −3.97% | $19.77 (+3.67%) |
US Market Status
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