4//SEC Filing
Shields Kristie S 4
Accession 0002103004-26-000002
CIK 0001518715other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 7:41 PM ET
Size
13.5 KB
Accession
0002103004-26-000002
Insider Transaction Report
Form 4
Shields Kristie S
EVP & Chief Compliance Counsel
Transactions
- Award
Class A Common Stock
2025-09-26+14,545→ 14,545 total - Tax Payment
Class A Common Stock
2025-12-31$14.63/sh−1,301$19,034→ 13,244 total - Award
Incentive Units - Not Deferred (2022)
2025-09-02+3,398→ 3,398 total→ Class A Common Stock (3,398 underlying) - Award
Incentive Units - Not Deferred (2023)
2025-09-02+3,922→ 3,922 total→ Class A Common Stock (3,922 underlying) - Award
Incentive Units - Not Deferred (2024)
2025-09-02+8,745→ 8,745 total→ Class A Common Stock (8,745 underlying)
Footnotes (5)
- [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.
Documents
Issuer
Mechanics Bancorp
CIK 0001518715
Entity typeother
Related Parties
1- filerCIK 0002103004
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 7:41 PM ET
- Size
- 13.5 KB