Insider Sale by Machado Lester (Dir)
Trade Summary
5 days ago, Machado Lester, serving as Dir at California BanCorp \ CA (BCAL), sold 7,500 shares at $21.19 per share, for a total transaction value of $158,947.50. Following this transaction, Machado Lester now holds 22,391 shares of BCAL.
This sale represents a 25.09% decrease in Machado Lester's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, July 31, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, August 4, 2026 at 7:13 PM ET, 4 days after the trade was made.
California BanCorp \ CA operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$21.19
Quantity
7,500
Total Value
$158,947.50
Shares Owned
22,391
Trade Date
5 days ago
SEC Filing Date
at 7:13 PM ET
Filed 4 days after trade
Discussion