Home / Business and Economy / Banc of California Exec Sells $117K in Stock
Banc of California Exec Sells $117K in Stock
15 Aug
Summary
- Chief Risk Officer sold 6,000 shares on August 4, 2026.
- Sale price was $19.50 per share, near market close.
- Company reported net loss in the last twelve months.
On August 4, 2026, Olivia I. Lindsay, Chief Risk Officer of Banc of California, executed a sale of 6,000 shares of common stock. This transaction, reported via SEC Form 4, occurred at an average price of $19.50 per share. The sale value was approximately $117,000, with the per-share price closely mirroring the market's closing valuation of $19.52 on the transaction date.
This liquidity event took place within a challenging financial context for the regional bank. Banc of California reported a trailing twelve-month net income attributable to common shareholders of -$52.3 million. Despite this deficit, the company's stock performance has been positive, with a 25.2% climb over the preceding 12 months as of the reporting date.
Following the sale, Lindsay retains direct ownership of 32,842 shares, valued at approximately $641,075 based on the August 4, 2026, market close. This remaining stake contributes to a total insider ownership level of 0.0214% of the company's outstanding common stock.
