{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-007340","form_type":"8-K","ticker":"BCAL","cik":"0001795815","company_name":"California BanCorp \\ CA","filed_at":"2026-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.206366+00:00","generated_at":"2026-05-16T02:08:33.019580+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"California BanCorp enters amended employment agreement with CEO David I. Rainer through 2029","bullets":["CEO David I. Rainer's amended employment agreement runs from March 1, 2026 to March 1, 2029, plus one year as Executive Director.","Base salary set at $62,500 per month ($750,000 annual) during employment term; $9,166.66 monthly during director term.","Restricted stock award of $1,200,000 granted under 2019 Omnibus Plan, vesting 50% at year 2 and 50% at year 3.","Severance: 12 months' salary on termination without cause; in change of control, 36 months' salary plus 3x average annual bonus.","Automobile allowance of $1,500 per month; company to provide office space within 10 miles of CEO's residence."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-007340","json":"https://secwatch.observer/filing/0001493152-26-007340.json","markdown":"https://secwatch.observer/filing/0001493152-26-007340.md","text":"https://secwatch.observer/filing/0001493152-26-007340.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795815/000149315226007340/0001493152-26-007340-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795815/000149315226007340/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:08:33.019580+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"}