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STOCK TITAN

[Form 4] Banc of California, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Form 4 discloses that on 07/31/2025 The Brink’s Company (BCO) EVP Daniel J. Castillo received 130.48 Program Units under the Key Employees� Deferred Compensation Program. Each unit represents one share of BCO common stock and was credited at the month-end closing price of $87.34, giving the acquisition a notional value of roughly $11.4 k. Following the credit, Castillo directly holds 3,740.22 Program Units, which will convert to common stock on a one-for-one basis upon termination or a pre-selected future date. No sales, open-market purchases, or non-derivative share movements were reported, and the filing is a routine reflection of deferred compensation rather than an active investment decision.

Il modulo 4 rivela che il 31/07/2025 il vicepresidente esecutivo di The Brink’s Company (BCO), Daniel J. Castillo, ha ricevuto 130,48 Program Units nell'ambito del Programma di Compensazione Differita per Dipendenti Chiave. Ogni unità rappresenta una azione ordinaria BCO ed è stata accreditata al prezzo di chiusura di fine mese di $87,34, conferendo all'acquisizione un valore nominale di circa $11,4 mila. Dopo l'accredito, Castillo detiene direttamente 3.740,22 Program Units, che si convertiranno in azioni ordinarie con un rapporto uno a uno al momento della cessazione del rapporto o in una data futura predefinita. Non sono state segnalate vendite, acquisti sul mercato aperto o movimenti di azioni non derivati, e la comunicazione rappresenta una normale registrazione della compensazione differita piuttosto che una decisione attiva di investimento.

El Formulario 4 revela que el 31/07/2025 el vicepresidente ejecutivo de The Brink’s Company (BCO), Daniel J. Castillo, recibió 130,48 Unidades del Programa bajo el Programa de Compensación Diferida para Empleados Clave. Cada unidad representa una acción común de BCO y fue acreditada al precio de cierre de fin de mes de $87,34, otorgando a la adquisición un valor nominal aproximado de $11,4 mil. Después del crédito, Castillo posee directamente 3.740,22 Unidades del Programa, que se convertirán en acciones comunes a razón de una por una al momento de la terminación o en una fecha futura preseleccionada. No se reportaron ventas, compras en mercado abierto ni movimientos de acciones no derivados, y la presentación es un reflejo rutinario de la compensación diferida en lugar de una decisión activa de inversión.

양식 4� 따르� 2025� 7� 31� The Brink’s Company (BCO)� 부사장� Daniel J. Castillo가 핵심 직원 이연 보상 프로그램� 따라 130.48 프로그램 유닛� 받았습니�. � 유닛은 BCO 보통� 1주를 나타내며, 월말 종가� $87.34� 평가되어 � $11.4�� 명목 가치를 부여했습니�. 크레� � Castillo� 직접 3,740.22 프로그램 유닛� 보유하고 있으�, 이는 퇴직 시점이나 미리 선택� 미래 날짜� 1대1 비율� 보통주로 전환됩니�. 판매, 공개 시장 매수 또는 비파� 주식 이동은 보고되지 않았으며, � 신고� 적극적인 투자 결정� 아닌 이연 보상� 일상적인 반영입니�.

Le formulaire 4 révèle que le 31/07/2025, le vice-président exécutif de The Brink’s Company (BCO), Daniel J. Castillo, a reçu 130,48 unités du programme dans le cadre du Programme de Rémunération Différée des Employés Clés. Chaque unité représente une action ordinaire de BCO et a été créditée au cours de clôture de fin de mois de 87,34 $, conférant à l’acquisition une valeur notionnelle d’environ 11,4 k$. Après ce crédit, Castillo détient directement 3 740,22 unités du programme, qui seront converties en actions ordinaires au taux un pour un lors de la cessation de ses fonctions ou à une date future prédéfinie. Aucune vente, achat sur le marché ouvert ou mouvement d’actions non dérivées n’a été signalé, et le dépôt constitue un reflet routinier de la rémunération différée plutôt qu’une décision d’investissement active.

Formular 4 gibt bekannt, dass am 31.07.2025 der Executive Vice President von The Brink’s Company (BCO), Daniel J. Castillo, 130,48 Program Units im Rahmen des Key Employees� Deferred Compensation Program erhalten hat. Jede Einheit entspricht einer Aktie der BCO-Stammaktien und wurde zum Monatsendkurs von $87,34 gutgeschrieben, was der Transaktion einen nominellen Wert von etwa $11,4 Tsd. verleiht. Nach der Gutschrift hält Castillo direkt 3.740,22 Program Units, die bei Beendigung oder zu einem vorab gewählten zukünftigen Datum eins zu eins in Stammaktien umgewandelt werden. Verkäufe, Käufe am offenen Markt oder nicht-derivative Aktienbewegungen wurden nicht gemeldet, und die Meldung stellt eine routinemäßige Darstellung der aufgeschobenen Vergütung dar, keine aktive Investitionsentscheidung.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine deferred-comp credit; negligible size; neutral signal for investors.

This Form 4 records an automatic monthly credit of 130.48 program units—about $11 k—into EVP Castillo’s deferred-comp account. The transaction is part of a standing compensation plan and does not involve open-market buying or selling, so liquidity and float are unchanged. While continued accumulation marginally aligns management with shareholders, the small magnitude relative to Brink’s ~$4 bn market cap renders the filing non-material for valuation or sentiment. Rating: neutral.

TL;DR: Standard incentive plan activity; reinforces pay-for-performance structure.

The Key Employees� Deferred Compensation Program settles stock one-for-one, encouraging long-term alignment. Castillo’s balance rises to 3,740 units, signalling ongoing participation but no new strategic insight. No governance red flags. Impact on investors is immaterial.

Il modulo 4 rivela che il 31/07/2025 il vicepresidente esecutivo di The Brink’s Company (BCO), Daniel J. Castillo, ha ricevuto 130,48 Program Units nell'ambito del Programma di Compensazione Differita per Dipendenti Chiave. Ogni unità rappresenta una azione ordinaria BCO ed è stata accreditata al prezzo di chiusura di fine mese di $87,34, conferendo all'acquisizione un valore nominale di circa $11,4 mila. Dopo l'accredito, Castillo detiene direttamente 3.740,22 Program Units, che si convertiranno in azioni ordinarie con un rapporto uno a uno al momento della cessazione del rapporto o in una data futura predefinita. Non sono state segnalate vendite, acquisti sul mercato aperto o movimenti di azioni non derivati, e la comunicazione rappresenta una normale registrazione della compensazione differita piuttosto che una decisione attiva di investimento.

El Formulario 4 revela que el 31/07/2025 el vicepresidente ejecutivo de The Brink’s Company (BCO), Daniel J. Castillo, recibió 130,48 Unidades del Programa bajo el Programa de Compensación Diferida para Empleados Clave. Cada unidad representa una acción común de BCO y fue acreditada al precio de cierre de fin de mes de $87,34, otorgando a la adquisición un valor nominal aproximado de $11,4 mil. Después del crédito, Castillo posee directamente 3.740,22 Unidades del Programa, que se convertirán en acciones comunes a razón de una por una al momento de la terminación o en una fecha futura preseleccionada. No se reportaron ventas, compras en mercado abierto ni movimientos de acciones no derivados, y la presentación es un reflejo rutinario de la compensación diferida en lugar de una decisión activa de inversión.

양식 4� 따르� 2025� 7� 31� The Brink’s Company (BCO)� 부사장� Daniel J. Castillo가 핵심 직원 이연 보상 프로그램� 따라 130.48 프로그램 유닛� 받았습니�. � 유닛은 BCO 보통� 1주를 나타내며, 월말 종가� $87.34� 평가되어 � $11.4�� 명목 가치를 부여했습니�. 크레� � Castillo� 직접 3,740.22 프로그램 유닛� 보유하고 있으�, 이는 퇴직 시점이나 미리 선택� 미래 날짜� 1대1 비율� 보통주로 전환됩니�. 판매, 공개 시장 매수 또는 비파� 주식 이동은 보고되지 않았으며, � 신고� 적극적인 투자 결정� 아닌 이연 보상� 일상적인 반영입니�.

Le formulaire 4 révèle que le 31/07/2025, le vice-président exécutif de The Brink’s Company (BCO), Daniel J. Castillo, a reçu 130,48 unités du programme dans le cadre du Programme de Rémunération Différée des Employés Clés. Chaque unité représente une action ordinaire de BCO et a été créditée au cours de clôture de fin de mois de 87,34 $, conférant à l’acquisition une valeur notionnelle d’environ 11,4 k$. Après ce crédit, Castillo détient directement 3 740,22 unités du programme, qui seront converties en actions ordinaires au taux un pour un lors de la cessation de ses fonctions ou à une date future prédéfinie. Aucune vente, achat sur le marché ouvert ou mouvement d’actions non dérivées n’a été signalé, et le dépôt constitue un reflet routinier de la rémunération différée plutôt qu’une décision d’investissement active.

Formular 4 gibt bekannt, dass am 31.07.2025 der Executive Vice President von The Brink’s Company (BCO), Daniel J. Castillo, 130,48 Program Units im Rahmen des Key Employees� Deferred Compensation Program erhalten hat. Jede Einheit entspricht einer Aktie der BCO-Stammaktien und wurde zum Monatsendkurs von $87,34 gutgeschrieben, was der Transaktion einen nominellen Wert von etwa $11,4 Tsd. verleiht. Nach der Gutschrift hält Castillo direkt 3.740,22 Program Units, die bei Beendigung oder zu einem vorab gewählten zukünftigen Datum eins zu eins in Stammaktien umgewandelt werden. Verkäufe, Käufe am offenen Markt oder nicht-derivative Aktienbewegungen wurden nicht gemeldet, und die Meldung stellt eine routinemäßige Darstellung der aufgeschobenen Vergütung dar, keine aktive Investitionsentscheidung.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kauder Joseph

(Last) (First) (Middle)
C/O BANC OF CALIFORNIA, INC.
3 MACARTHUR PLACE

(Street)
SANTA ANA CA 92707

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BANC OF CALIFORNIA, INC. [ BANC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
08/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/02/2025 F(1) 5,434 D $14.16 59,994 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
Remarks:
/s/ Ido Dotan, Attorney-in-Fact for Joseph Kauder 08/04/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Brink’s (BCO) Program Units did EVP Daniel Castillo acquire?

Castillo received 130.48 Program Units on 07/31/2025.

What price was used to calculate the credited Program Units?

Units were valued at $87.34, BCO’s closing price on the last trading day of the month.

What is Castillo’s total derivative ownership after the transaction?

He now directly holds 3,740.22 Program Units, each convertible into one BCO share.

Does the Form 4 reflect open-market buying or selling?

No. The units were credited through a deferred-compensation program; no market transactions occurred.

When will the Program Units convert to Brink’s common stock?

Units settle one-for-one in BCO shares upon Castillo’s termination or a future date elected at deferral.
Banc Of California Inc

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Banks - Regional
National Commercial Banks
United States
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