Form 4 for MCHB Mechanics Bancorp
Accepted 2026-01-05 00:00:00 ET · period of report 2025-09-02 · accession 0002102635-26-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-01-05 | 2025-12-31 | MCHB | Shrader Glenn C | EVP, GC | F - Tax | $14.63 | -1,041 | 10.6K | -9% | -$15.2K |
| D | 2026-01-05 | 2025-09-26 | MCHB | Shrader Glenn C | EVP, GC | A - Grant | $0.00 | +11.6K | 11.6K | New | $0 |
| DM | 2026-01-05 | 2025-09-02 | MCHB | Shrader Glenn C | EVP, GC | A - Grant | $0.00 | +33.4K | 19.7K | New | $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 | Class A Common Stock | 2025-12-31 | F | D | 1,041 | $14.63 | 10,595 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-09-26 | A | A | 11,636 | $0.00 | 11,636 | D | — | — | |
| 3 | Derivative | Incentive Units - Not Deferred (2022) | 2025-09-02 | A | A | 2,980 | $0.00 | 2,980 | D | — · — to — | 2,980 Class A Common Stock | (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. (F5) The incentive units vest on February 15, 2026. |
| 4 | Derivative | Incentive Units - Not Deferred (2023) | 2025-09-02 | A | A | 3,439 | $0.00 | 3,439 | D | — · — to — | 3,439 Class A Common Stock | (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. (F6) The incentive units vest in two equal annual installments beginning February 15, 2026. |
| 5 | Derivative | Incentive Units - Not Deferred (2024) | 2025-09-02 | A | A | 7,495 | $0.00 | 7,495 | D | — · — to — | 7,495 Class A Common Stock | (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. (F7) The incentive units vest in three equal annual installments beginning February 15, 2026. |
| 6 | Derivative | Incentive Units - Deferred | 2025-09-02 | A | A | 19,452 | $0.00 | 19,733 | D | — · — to — | 19,452 Class A Common Stock | (F4) Includes 281 incentive units acquired on December 15, 2025 pursuant to dividend reinvestment. (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. |