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Mechanics Bancorp — Director's Dealing 2026
Jan 6, 2026
31388_dirs_2026-01-05_c2d27487-767f-416b-8d22-2357dd7b33ff.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: Shields Kristie S (EVP & Chief Compliance Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-09-26 | Class A Common Stock | A | 14545 | — | Acquired | 14545 | Direct |
| 2025-12-31 | Class A Common Stock | F | 1301 | $14.63 | Disposed | 13244 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-09-02 | Incentive Units - Not Deferred (2022) | $ | A | 3398 | Acquired | Class A Common Stock (3398) | Direct | |
| 2025-09-02 | Incentive Units - Not Deferred (2023) | $ | A | 3922 | Acquired | Class A Common Stock (3922) | Direct | |
| 2025-09-02 | Incentive Units - Not Deferred (2024) | $ | A | 8745 | Acquired | Class A Common Stock (8745) | Direct |
Footnotes
F1: As consideration in the merger of HomeStreet Bank, a wholly owned subsidiary of Issuer, with and into Mechanics Bank ("MB"), pursuant to the which MB continued as the surviving corporation and as a wholly owned subsidiary of Issuer (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.
F2: Each incentive unit is the economic equivalent of one share of Issuer Class A Common Stock.
F3: The incentive units vest on February 15, 2026.
F4: The incentive units vest in two equal annual installments beginning February 15, 2026.
F5: The incentive units vest in three equal annual installments beginning February 15, 2026.