{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-008130","form_type":"8-K","ticker":"BCAL","cik":"0001795815","company_name":"California BanCorp \\ CA","filed_at":"2025-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.751184+00:00","generated_at":"2026-05-23T00:54:04.143883+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"California Bancorp boosts share repurchase program to 1.6M shares, redeems $18M subordinated notes","bullets":["Share repurchase authorization increased from 550,000 to 1.6 million shares, representing ~4.9% of outstanding shares.","No shares have been repurchased yet under the program; timing depends on market conditions and other factors.","Company will redeem the $18 million of 5.50% Fixed-to-Floating Subordinated Notes due 2030 issued May 28, 2020.","Repurchases and redemption will be funded from working capital and operating cash flows."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-008130","json":"https://secwatch.observer/filing/0001641172-25-008130.json","markdown":"https://secwatch.observer/filing/0001641172-25-008130.md","text":"https://secwatch.observer/filing/0001641172-25-008130.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795815/000164117225008130/0001641172-25-008130-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795815/000164117225008130/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T00:54:04.143883+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"}