4//SEC Filing
Endresen William 4
Accession 0001518715-25-000162
CIK 0001518715other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 9:38 PM ET
Size
9.2 KB
Accession
0001518715-25-000162
Insider Transaction Report
Form 4
Endresen William
EVP, Comm'l RE & Capital Pres.
Transactions
- Award
Common Stock
2025-09-02+3,736→ 27,538 total - Award
Common Stock
2025-09-02+11,761→ 39,299 total
Holdings
- 537.567(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Reflects shares of Issuer Class A common stock received upon vesting of performance stock units ("PSUs"). Pursuant to the Agreement and Plan of Merger, dated as of March 28, 2025, among HomeStreet, Inc., HomeStreet Bank, a subsidiary of HomeStreet, Inc., and Mechanics Bank, at the effective time of the merger on September 2, 2025, each outstanding PSU held by the Reporting Person was accelerated and entitled the Reporting Person to receive shares of Issuer Class A common stock, plus a cash amount for any accrued but unpaid dividends on the PSUs. In the merger, HomeStreet, Inc. was renamed Mechanics Bancorp.
- [F2]Shares of Issuer Class A common stock were issued to the Reporting Person without payment of any consideration in connection with the vesting of a PSU award granted to the Reporting Person on January 1, 2023. The number of shares issued on the vesting of the PSU was determined based on the achievement of certain performance factors set forth in the PSU. The unvested portion of the PSU was cancelled.
- [F3]Shares of Issuer Class A common stock were issued to the Reporting Person without payment of any consideration in connection with the vesting of a PSU award granted to the Reporting Person on January 1, 2024. The number of shares issued on the vesting of the PSU was determined based on the achievement of certain performance factors set forth in the PSU. The unvested portion of the PSU was cancelled.
- [F4]Participants in HomeStreet Inc.'s 401(k) Savings Plan, or the "401(k) Plan", have the authority to direct voting of shares they hold through the 401(k) Plan. The amount of shares held in the 401(k) Plan is as of September 2, 2025.
Documents
Issuer
Mechanics Bancorp
CIK 0001518715
Entity typeother
Related Parties
1- filerCIK 0001672215
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 9:38 PM ET
- Size
- 9.2 KB