Form 4/A for MCHB Mechanics Bancorp
Accepted 2025-12-18 00:00:00 ET · period of report 2025-09-02 · accession 0001518715-25-000190 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MA | 2025-12-18 | 2025-09-02 | MCHB | MASON MARK K | Consultant | F - Tax | $13.87 | -19.0K | 207.4K | -8% | -$263.0K |
| MA | 2025-12-18 | 2025-09-02 | MCHB | MASON MARK K | Consultant | A - Grant | $0.00 | +48.2K | 213.2K | +29% | $0 |
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 | Common Stock | 2025-09-02 | F | D | 13,117 | $13.87 | 227,569 | D | — | — | (F5) This amendment is being filed to correct the number of shares withheld by the Issuer in payment of the withholding tax liability incurred upon the above-reported settlement of PSUs. It was previously reported that the Issuer withheld 14,434 shares of the Issuer Class A common stock upon vesting of a PSU award granted on January 1, 2024, when in fact the number of shares withheld was 13,117 shares. |
| 2 | Common | Common Stock | 2025-09-02 | A | A | 33,333 | $0.00 | 240,686 | D | — | — | (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 by unpaid dividends on the PSUs. In the merger, HomeStreet, Inc. was renamed to Mechanics Bancorp. (F4) 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. |
| 3 | Common | Common Stock | 2025-09-02 | A | A | 14,848 | $0.00 | 213,196 | D | — | — | (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 by unpaid dividends on the PSUs. In the merger, HomeStreet, Inc. was renamed to 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. |
| 4 | Common | Common Stock | 2025-09-02 | F | D | 5,843 | $13.87 | 207,353 | D | — | — | (F3) This amendment is being filed to correct the number of shares withheld by the Issuer in payment of the withholding tax liability incurred upon the above-reported settlement of PSUs. It was previously reported that the Issuer withheld 6,430 shares of the Issuer Class A common stock upon vesting of a PSU award granted on January 1, 2023, when in fact the number of shares withheld was 5,843 shares. |