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Mechanics Bancorp — Director's Dealing 2026
Jan 6, 2026
31388_dirs_2026-01-05_32caf639-9f04-42bc-b80a-7c0c959eb9b2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Mechanics Bancorp (MCHB)
CIK: 0001518715
Period of Report: 2025-09-02
Reporting Person: Pierce Christopher D (EVP & Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-09-02 | Class A Common Stock | A | 11262 | — | Acquired | 11262 | Direct |
| 2025-09-26 | Class A Common Stock | A | 21818 | — | Acquired | 33080 | Direct |
| 2025-12-31 | Class A Common Stock | F | 4903 | $14.63 | Disposed | 28177 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-09-02 | Incentive Units - Not Deferred (2024) | $ | A | 13742 | Acquired | Class A Common Stock (13742) | Direct |
Footnotes
F1: Received in exchange for an aggregate of 3.41 shares of Mechanics Bank ("MB") original voting common stock and MB restricted stock units in connection with the merger of HomeStreet Bank, a wholly owned subsidiary of Issuer, with and into MB, pursuant to which MB continued as the surviving corporation and as a wholly owned subsidiary of Issuer (the "Merger").
F2: As consideration for the Merger, (i) each share of MB voting common stock converted into the right to receive 3,301.0920 shares of Issuer Class A Common Stock, which, on the effective date of the Merger, had a closing price of $13.87 per share, (ii) each MB restricted stock unit of the Reporting Person converted into restricted stock units of Issuer for the right to receive 3,301.0920 shares of Issuer Class A Common Stock, and (iii) each MB incentive unit of the Reporting Person converted into incentive units of Issuer of the economic equivalent of 3,301.0920 shares of Issuer Class A Common Stock.
F3: Each incentive unit is the economic equivalent of one share of Issuer Class A Common Stock.
F4: The incentive units vest in three equal annual installments beginning February 15, 2026.