4//SEC Filing
Shrader Glenn C 4
Accession 0002102635-26-000002
CIK 0001518715other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 7:39 PM ET
Size
15.9 KB
Accession
0002102635-26-000002
Insider Transaction Report
Form 4
Shrader Glenn C
EVP & General Counsel
Transactions
- Award
Class A Common Stock
2025-09-26+11,636→ 11,636 total - Tax Payment
Class A Common Stock
2025-12-31$14.63/sh−1,041$15,230→ 10,595 total - Award
Incentive Units - Deferred
2025-09-02+19,452→ 19,733 total→ Class A Common Stock (19,452 underlying) - Award
Incentive Units - Not Deferred (2022)
2025-09-02+2,980→ 2,980 total→ Class A Common Stock (2,980 underlying) - Award
Incentive Units - Not Deferred (2023)
2025-09-02+3,439→ 3,439 total→ Class A Common Stock (3,439 underlying) - Award
Incentive Units - Not Deferred (2024)
2025-09-02+7,495→ 7,495 total→ Class A Common Stock (7,495 underlying)
Footnotes (7)
- [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 Reporting Person has elected to defer payment on such incentive units until the earlier of (i) the retirement or termination of the Reporting Person, or (ii) a change in control of Issuer.
- [F4]Includes 281 incentive units acquired on December 15, 2025 pursuant to dividend reinvestment.
- [F5]The incentive units vest on February 15, 2026.
- [F6]The incentive units vest in two equal annual installments beginning February 15, 2026.
- [F7]The incentive units vest in three equal annual installments beginning February 15, 2026.
Documents
Issuer
Mechanics Bancorp
CIK 0001518715
Entity typeother
Related Parties
1- filerCIK 0002102635
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 7:39 PM ET
- Size
- 15.9 KB