LASHLEY RICHARD J

Director LASHLEY sells 75,000 shares at $14.11 average; retains 2.28M shares after 3-trade disposal totaling $1,058,433.58

Richard J. Lashley, a director at Banc of California, executed 3 separate sales totaling 75,000 shares for $1,058,433.58 at a blended average price of $14.11 between June 6–10, 2025. His post-transaction holdings of 2.28M shares represent a -3.2% reduction from his pre-transaction position of 2.36M shares. At the current price of $14.28, the stock is trading -19.6% from its 52-week high, and his prior trades at this ticker show a 0% well-timed rate at the 90-day mark—his previous 4 sells at Banc (Sept–March 2024) were all followed by positive returns, meaning he sold before subsequent gains. The fundamental profile shows strong annual revenue growth of +24.1% and a P/E of 14.00, suggesting the company operates at a reasonable valuation multiple, though this sale provides no signal about Lashley's internal conviction regarding near-term direction.

Director Lashley sells 200,000 BANC shares (4 transactions, 2024-09-04 to 2024-09-05) for $2.8M at blended $14.12, reducing stake 7.8%

Richard J. Lashley, a director of Banc of California, executed 4 separate sales totaling 200,000 shares for $2,824,925.00 over two trading days (2024-09-04 to 2024-09-05), at prices ranging from $14.00 to $14.20 (blended average $14.12). The current stock price is $13.81, positioned 9.2% below its 52-week high of $15.21; the 30-day change is +7.8%. Post-transaction holdings of 2,355,280 shares represent a 7.8% reduction from the prior position of 2,555,280 shares. Lashley's prior trade at this same ticker (a sell on 2023-12-05) achieved a 90-day return of +15.5%, and his prior BANC buys in early 2024 showed mixed results (30-day returns ranging from -28.9% to +5.3%, all with negative 90-day returns). At the company level, fundamentals show recent annual revenue declined 6.7% year-over-year, the company was unprofitable over its most recent full fiscal year, and market cap stands at $2.2B, indicating a mid-sized regional bank in a contraction phase.