Mechanics Bancorp (HMST) awards 3,366 RSUs to EVP Shrader

Rhea-AI Filing Summary

Mechanics Bancorp executive Glenn C. Shrader, EVP & General Counsel, reported an equity award. On March 1, 2026, he was granted 3,366 restricted stock units that vest in three equal annual installments beginning March 1, 2027. Each unit converts into one share of Class A common stock with no purchase price, bringing his directly held stake to 18,193 shares.

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

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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^*

Shrader Glenn C

(Last) (First) (Middle)

1111 CIVIC DR STE 390

SUITE 390

(Street)

WALNUT CREEK CA 94596

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Mechanics Bancorp [ MCHB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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
Class A Common Stock	03/01/2026		A		3,366	A	(1)	18,193	D

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:

1. On March 1, 2026, the reporting person was granted 3,366 Restricted Stock Units ("RSUs"), which vest in three equal annual installments beginning March 1, 2027. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock and do not require the holder to pay any consideration on vesting.

Remarks:

	/s/ Glenn C. Shrader	03/03/2026
	** 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.
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FAQ

What insider transaction did Mechanics Bancorp (HMST) report in this Form 4?

The filing reports that EVP & General Counsel Glenn C. Shrader received an equity award of 3,366 restricted stock units on March 1, 2026. These units represent a new grant, not an open-market stock purchase or sale, and are part of his compensation.

How many restricted stock units did Glenn C. Shrader receive from Mechanics Bancorp (HMST)?

Glenn C. Shrader was granted 3,366 restricted stock units. According to the disclosure, each RSU represents a contingent right to receive one share of Mechanics Bancorp’s Class A common stock if and when it vests under the award’s terms.

When do Glenn C. Shrader’s restricted stock units in Mechanics Bancorp (HMST) vest?

The 3,366 restricted stock units vest in three equal annual installments starting on March 1, 2027. This means one-third of the award vests each year over three years, assuming vesting conditions are satisfied.

Does Glenn C. Shrader have to pay for his Mechanics Bancorp (HMST) RSUs when they vest?

No, the filing states that the restricted stock units do not require any consideration on vesting. When each RSU vests, it entitles the holder to receive one share of Class A common stock without paying a purchase price.

What is Glenn C. Shrader’s reported Mechanics Bancorp (HMST) share ownership after this grant?

After the reported award, Glenn C. Shrader is shown as directly owning 18,193 shares of Mechanics Bancorp Class A common stock. This figure reflects his direct holdings following the March 1, 2026 restricted stock unit grant.

What role does Glenn C. Shrader hold at Mechanics Bancorp (HMST)?

Glenn C. Shrader serves as Executive Vice President & General Counsel of Mechanics Bancorp. The Form 4 identifies him as an officer of the company and discloses this equity award as part of his compensation-related holdings.