Form 4 for MCHB Mechanics Bancorp

Accepted 2025-09-08 00:00:00 ET · period of report 2025-09-02 · accession 0001104659-25-088372 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
MI	2025-09-08	2025-09-02	MCHB	WEBB CARL B	Dir, 10%	A - Grant	—	+171.77M	81.13M	New	—

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2025-09-02	A	A	90,631,480	—	90,631,480	I By EB Acquisition Company II LLC	—	—	(F2) Received in exchange for 27,455 shares of MB original voting common stock in connection with the Merger. As consideration for the Merger, each share of MB voting common stock converted into the right to receive 3301.0920 shares of Issuer Class A common stock, which, on the effective date of the Merger, had a closing price of $13.87 per share. (F7) The reporting persons may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Exchange Act. The reporting persons declare that neither the filing of this statement nor anything herein shall be construed as an admission that such persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer. (F3) This statement is jointly filed by and on behalf of each of Mr. Carl B. Webb, EB Acquisition Company LLC ("EB"), EB Acquisition Company II LLC ("EB II "), Ford Financial Fund II, L.P. ("Fund II"), Ford Financial Fund III, L.P. ("Fund III"), Ford Management II, L.P. ("Management II"), Ford Management III, L.P. ("Management III") and Ford Ultimate Management II, LLC ("Ultimate Management"). EB and EB II are the direct beneficial owners of the securities covered by this statement. (F6) The reporting persons state that neither the filing of this statement nor anything herein shall be deemed an admission that such persons are, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owners of any securities covered by this statement. The reporting persons disclaim beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such persons in such securities. (F5) Fund III is the general partner of, and may be deemed to beneficially own certain securities owned by, EB II. Management III is the general partner of, and may be deemed to beneficially own certain securities owned by, Fund III. Ultimate Management is the general partner of, and may be deemed to beneficially own certain securities owned by, Management III. Mr. Webb is the sole manager of, and may be deemed to beneficially own certain securities owned by, Ultimate Management.
2	Common	Class A Common Stock	2025-09-02	A	A	81,134,239	—	81,134,239	I By EB Acquisition Company LLC	—	—	(F1) Received in exchange for 24,578 shares of Mechanics Bank ("MB") original voting common stock in connection with the merger of MB with and into HomeStreet Bank, a wholly owned subsidiary of Mechanics Bancorp ("Issuer"), pursuant to which MB continued as the surviving corporation and as a wholly owned subsidiary of Issuer (the "Merger"). As consideration for the Merger, each share of MB voting common stock converted into the right to receive 3301.0920 shares of Issuer Class A common stock, which, on the effective date of the Merger, had a closing price of $13.87 per share. (F7) The reporting persons may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Exchange Act. The reporting persons declare that neither the filing of this statement nor anything herein shall be construed as an admission that such persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer. (F3) This statement is jointly filed by and on behalf of each of Mr. Carl B. Webb, EB Acquisition Company LLC ("EB"), EB Acquisition Company II LLC ("EB II "), Ford Financial Fund II, L.P. ("Fund II"), Ford Financial Fund III, L.P. ("Fund III"), Ford Management II, L.P. ("Management II"), Ford Management III, L.P. ("Management III") and Ford Ultimate Management II, LLC ("Ultimate Management"). EB and EB II are the direct beneficial owners of the securities covered by this statement. (F6) The reporting persons state that neither the filing of this statement nor anything herein shall be deemed an admission that such persons are, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owners of any securities covered by this statement. The reporting persons disclaim beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such persons in such securities. (F4) Fund II is the general partner of, and may be deemed to beneficially own certain securities owned by, EB. Management II is the general partner of, and may be deemed to beneficially own certain securities owned by, Fund II. Ultimate Management is the general partner of, and may be deemed to beneficially own certain securities owned by, Management II. Mr. Webb is the sole manager of, and may be deemed to beneficially own certain securities owned by, Ultimate Management.