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Mechanics Bancorp Notice of Dividend Amount 2021

Apr 30, 2021

31388_rns_2021-04-30_d39e9949-b5ea-46d0-8ee8-548cce6b4aa1.zip

Notice of Dividend Amount

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): April 29, 2021

HOMESTREET, INC.

(Exact name of registrant as specified in its charter)

Washington 001-35424 91-0186600
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

601 Union Street , Ste. 2000 , Seattle , WA 98101

(Address of principal executive offices) (Zip Code)

( 206 ) 623-3050

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, No Par Value HMST Nasdaq Stock Market LLC
Emerging growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 12(a) of the Exchange Act.

Item 8.01 Other Events

On April 29, 2021, the Board of Directors of HomeStreet, Inc. ("HomeStreet" or the Company) approved a cash dividend of $0.25 per share, to be paid on May 26, 2021 to shareholders of record as of the close of business on May 11, 2021. In the same meeting, the Board of Directors also authorized an extension to the Company's share repurchase program (the "Repurchase Program") pursuant to which the Company may purchase up to an additional $25 million of its issued and outstanding Common Stock, no par value, at prevailing market rates at the time of such purchase. A press release announcing these two actions by the Board is included as an exhibit to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit 99.1 HomeStreet, Inc. Press Release dated April 30, 2021
Exhibit 104 Cover Page Interactive Data File (embedded within with Inline XBRL)

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 30, 2021

HomeStreet, Inc.
By: /s/ John M. Michel
John M. Michel
Executive Vice President and Chief Financial Officer