{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-000728","form_type":"8-K","ticker":"BCAL","cik":"0001795815","company_name":"California BanCorp \\ CA","filed_at":"2026-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.205652+00:00","generated_at":"2026-05-16T11:23:45.131504+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CEO Steven Shelton retires; Chairman David Rainer appointed CEO effective Dec 31, 2025","bullets":["Steven Shelton retired as CEO and director of California BanCorp and its bank subsidiary, effective Dec 31, 2025; he will serve as advisory transition partner through Dec 2026.","David Rainer, previously Chairman, appointed CEO of both entities effective Dec 31, 2025; his compensation remains unchanged.","Shelton receives separation payment of $996,400 lump sum after July 1, 2026, plus $16,666.66/month advisory salary, COBRA, and accelerated equity vesting.","The retirement is not due to any disagreement with the company's operations, policies, or practices."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-000728","json":"https://secwatch.observer/filing/0001493152-26-000728.json","markdown":"https://secwatch.observer/filing/0001493152-26-000728.md","text":"https://secwatch.observer/filing/0001493152-26-000728.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795815/000149315226000728/0001493152-26-000728-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795815/000149315226000728/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:23:45.131504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}