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Director Jeffrey D. Green resigns after Mechanics Bancorp (NASDAQ: HMST) merger

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mechanics Bancorp director Jeffrey D. Green has resigned following the completion of a merger involving HomeStreet, Inc., HomeStreet Bank, and Mechanics Bank. The resignation became effective at the merger’s effective time on September 2, 2025.

Because he is no longer a director, Green is no longer subject to Section 16 reporting for trades in Mechanics Bancorp equity and will not file future Forms 4 or 5 related to this issuer. Under the merger agreement, HomeStreet, Inc. has been renamed Mechanics Bancorp.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Green Jeffrey D

(Last) (First) (Middle)
601 UNION STREET
SUITE 2000

(Street)
SEATTLE WA 98101

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Mechanics Bancorp [ HMST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
The Reporting Person resigned as a Director of the Issuer in accordance with the terms of 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 (the "Merger Agreement") with such resignation effective as of the effective time of the merger which occurred on September 2, 2025. As a result, the Reporting Person is no longer subject to Section 16 in connection with his transactions in the equity securities of the Issuer and therefore will no longer report any such transactions on Form 4 or Form 5. Pursuant to the Merger Agreement, HomeStreet, Inc. was renamed to Mechanics Bancorp.
/s/ Godfrey B. Evans, Attorney in fact for Jeffrey D. Green 09/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Form 4 for Mechanics Bancorp (HMST) disclose?

The Form 4 discloses that director Jeffrey D. Green resigned effective September 2, 2025, upon completion of a merger involving HomeStreet, Inc., HomeStreet Bank, and Mechanics Bank. No acquisitions or sales of Mechanics Bancorp securities are reported in this filing.

Did Jeffrey D. Green trade Mechanics Bancorp (HMST) shares in this Form 4?

No, this Form 4 does not report any transactions in Mechanics Bancorp securities. It only explains Green’s resignation as a director at the merger’s effective time on September 2, 2025, and notes he will no longer file Section 16 reports for this issuer.

Why is Jeffrey D. Green no longer subject to Section 16 for HMST?

Jeffrey D. Green is no longer subject to Section 16 because he resigned as a director of Mechanics Bancorp when the merger closed on September 2, 2025. Without director status, his trades in the issuer’s equity are no longer reportable on Forms 4 or 5.

What merger is referenced in the Mechanics Bancorp (HMST) Form 4?

The filing references an Agreement and Plan of Merger dated March 28, 2025, among HomeStreet, Inc., HomeStreet Bank, and Mechanics Bank. The merger became effective on September 2, 2025, triggering Jeffrey D. Green’s resignation as a director of the issuer.

How did the merger affect HomeStreet, Inc. and Mechanics Bancorp (HMST)?

Under the merger agreement, HomeStreet, Inc. was renamed Mechanics Bancorp. The Form 4 notes this name change in connection with the completed merger, linking the former HomeStreet entity to the current Mechanics Bancorp corporate name after closing.

Who signed the Mechanics Bancorp (HMST) Form 4 and in what capacity?

The Form 4 was signed by Godfrey B. Evans as attorney-in-fact for Jeffrey D. Green on September 3, 2025. This indicates Evans was authorized to execute the Section 16 filing on Green’s behalf regarding his change in director status.