The estimated Net Worth of Stephen A. Cortese is at least $5.85 Million dollars as of 2 May 2023. Mr. Cortese owns over 3,000 units of California BanCorp stock worth over $5,756,022 and over the last 5 years he sold CALB stock worth over $0. In addition, he makes $93,540 as Chairman of the Board at California BanCorp.
Stephen has made over 7 trades of the California BanCorp stock since 2020, according to the Form 4 filled with the SEC. Most recently he bought 3,000 units of CALB stock worth $44,040 on 2 May 2023.
The largest trade he's ever made was buying 10,500 units of California BanCorp stock on 6 August 2020 worth over $138,705. On average, Stephen trades about 768 units every 39 days since 2020. As of 2 May 2023 he still owns at least 229,415 units of California BanCorp stock.
You can see the complete history of Mr. Cortese stock trades at the bottom of the page.
Stephen A. Cortese serves as Chairman of the Board of the Company. Mr. Cortese has worked in commercial real estate development and management since 1987. He is the general partner of Cortese Real Property, LP, a commercial real estate development and management firm, since 2003. Mr. Cortese has significant experience in real estate management, investment and construction, particularly in the greater San Francisco Bay Area, enabling him to bring valuable insights regarding these matters to our Board.
As the Chairman of the Board of California BanCorp, the total compensation of Stephen Cortese at California BanCorp is $93,540. There are 7 executives at California BanCorp getting paid more, with Steven Shelton having the highest compensation of $1,093,430.
Stephen Cortese is 59, he's been the Chairman of the Board of California BanCorp since . There are 6 older and 11 younger executives at California BanCorp. The oldest executive at California BanCorp is John E. Lindstedt, 86, who is the Sr. Exec. VP.
Stephen's mailing address filed with the SEC is 1300 CLAY STREET, SUITE 500, , OAKLAND, CA, 94612.
Over the last 5 years, insiders at California BanCorp have traded over $694,011 worth of California BanCorp stock and bought 30,204 units worth $413,063 . The most active insiders traders include Stephen A. Cortese, Wayne S. Doiguchi, and Scott Alexander Myers. On average, California BanCorp executives and independent directors trade stock every 35 days with the average trade being worth of $51,635. The most recent stock trade was executed by Scott Alexander Myers on 1 February 2024, trading 2,564 units of CALB stock currently worth $63,280.
California BanCorp operates as the bank holding company for California Bank of Commerce that provides commercial banking services in California. It accepts various deposit products, including commercial checking, savings, and money market accounts, as well as certificates of deposit. The company also offers asset-based lending loans; standby letters of credit; construction and development loans; real estate loans, such as commercial real estate loans and other loans; small business administration (SBA) loans, including SBA 7(a) and SBA 504 loans; consumer loans, such as secured and unsecured installment loans, and revolving lines of credit; and commercial and industrial loans, including term loans, working capital, accounts receivable and inventory financing, and other business loans to the dental and veterinary industries, contractors, and emerging companies. In addition, it provides foreign exchange, treasury and cash management, and online and mobile banking services. The company has a full-service branch in California located in Contra Costa County, California; and 4 loan production offices in Alameda, Contra Costa, Sacramento, and Santa Clara. California BanCorp was incorporated in 2007 and is headquartered in Oakland, California.
California BanCorp executives and other stock owners filed with the SEC include: