Homestreet SEC Filings

Mechanics Bancorp furnished an update on its business by issuing a press release with results for the third quarter of 2025. The company submitted an 8‑K under Item 2.02, and attached the earnings release as Exhibit 99.1.

The company states this information is being furnished and is not deemed “filed” under Section 18 of the Exchange Act, and it is not incorporated by reference into Securities Act or Exchange Act filings. The press release provides the detailed third‑quarter results.

Mechanics Bancorp (formerly HomeStreet, Inc.) completed a merger on September 2, 2025 that converted Mechanics Bank voting shares into Class A common stock of the combined company. Under the merger, each Mechanics voting common share was converted into 3,301.0920 shares of the issuer's Class A stock. EB Acquisition Company LLC received 81,134,239 shares (36.9% of Class A) and EB Acquisition Company II LLC received 90,631,480 shares (41.2% of Class A), together representing 171,765,719 shares or 78.1% of the 219,822,191 outstanding Class A shares reported as of the Closing Date. The shares held by the Ford-related entities were issued in connection with the Merger and funded by capital contributions to the acquisition vehicles. The Ford parties and Rabobank have a registration rights agreement requiring the issuer to use reasonable best efforts to file a resale shelf registration on Form S-3 within 180 days of closing. Carl B. Webb is identified as sole manager of the ultimate management vehicle and is a director of the issuer.

Carl B. Webb, a director and reported >10% owner, disclosed receipt of Class A common stock of Mechanics Bancorp on 09/02/2025 in connection with the merger of Mechanics Bank into a wholly owned subsidiary of Mechanics Bancorp. Two non‑derivative transactions converted MB original voting common stock into Issuer Class A shares at a stated conversion ratio of 3301.0920 shares per MB share. The filing reports 81,134,239 Class A shares held indirectly by EB Acquisition Company LLC and 90,631,480 Class A shares held indirectly by EB Acquisition Company II LLC. The statement is filed jointly on behalf of multiple related entities, and the reporting persons disclaim direct beneficial ownership except for pecuniary interests.

Carl B. Webb filed a Form 3 reporting his initial statement of beneficial ownership for Mechanics Bancorp (MCHB). The filing states the event date as 09/02/2025 and the signature date as 09/08/2025. Mr. Webb is identified as a Director, and the form declares no securities are beneficially owned as of the reporting date. The filing references Exhibit 99.1 for signatures.

Mechanics Bancorp reporting person Kenneth D. Russell filed an Initial Form 3 disclosing his relationship as a Director to the issuer Mechanics Bancorp (MCHB) and that the event date triggering the filing was 09/02/2025. The filing, signed on 09/08/2025, states explicitly that no securities are beneficially owned by Mr. Russell at the time of the statement.

Insider transactions tied to merger-driven PSU vesting and resignation. David L. Parr, an executive and director, received a total of 10,249 shares of Mechanics Bancorp Class A common stock on September 2, 2025 from accelerated vesting of performance stock units (PSUs) issued in 2023 and 2024, with 4,920 and 11,946 shares reported following different settlement lines and withholding for taxes reducing beneficial ownership on certain lines. The filings show 3, (173) and 920 shares withheld across transactions for tax obligations and indicate Parr resigned as an officer effective at the merger's closing, after which he is no longer subject to Section 16 filing obligations.

John Michel, then an executive and EVP/CFO of the issuer, received a total of 21,150 shares of Issuer Class A common stock on 09/02/2025 upon acceleration and vesting of performance stock units (PSUs) tied to prior grants. The Form explains 5,098 shares resulted from a 2023 PSU and 16,052 shares from a 2024 PSU, each issued without payment based on achievement of specified performance factors. Following these transactions, Mr. Michel reported beneficial ownership of 71,150 shares directly and an additional 33,936 shares indirectly via a family trust for which he and his spouse are co-trustees and beneficiaries. The transactions occurred at the effective time of a merger on 09/02/2025, when HomeStreet, Inc. was renamed Mechanics Bancorp. The Form notes Mr. Michel resigned as an officer at the merger effective time and is no longer subject to Section 16 reporting obligations.

HomeStreet, Inc. (now Mechanics Bancorp) Form 4 reports insider share settlements tied to the merger that became effective on September 2, 2025. Marlene L. Price received shares of the Issuer's Class A common stock as PSUs vested upon the merger, including 1,196 and 3,765 shares from PSU awards granted on January 1, 2023 and January 1, 2024, respectively, and had 1,342 shares withheld to satisfy tax withholding for those settlements. The filings show open-market/withholding disposals at a reported price of $13.87 per share for withheld shares. The Reporting Person resigned as an officer at the merger's effective time and is no longer subject to Section 16 reporting obligations. The 401(k) plan holds an additional 44.173 shares reported as indirect ownership.