Latest Insider Trading
Filed: 2026-05-08
Key Insights
- Executive Chairman David Rainer sold 75,000 shares on 05/07/2026 at $19 per share, generating approximately $1.425 million in proceeds, which represents a significant insider sale.
- Following the transaction, Rainer maintains 144,928 shares of direct beneficial ownership in California BanCorp, indicating he retains substantial equity stake despite the sale.
- The sale was executed through the David and Anne Rainer Trust (dated 05/07/1997), suggesting the transaction was planned or trust-based rather than an emergency liquidity event.
- No derivative securities (options, warrants) are held by the reporting person as of this filing, indicating limited upside exposure through equity compensation vehicles.