Mechanics Bancorp director granted 5,513 RSUs
Mechanics Bancorp director Russell Kenneth D received a grant of 5,513 Restricted Stock Units (RSUs) on May 28, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Mechanics Bancorp director Russell Kenneth D received a grant of 5,513 Restricted Stock Units (RSUs) on May 28, 2026. Each RSU represents a right to receive one share of Class A common stock without paying any exercise price. These RSUs vest on May 28, 2027, at which time he will receive an equal number of shares. Following this grant, he holds 5,513 RSUs directly.
Insider Trade Summary
Grant/Award: 5,513 shares
Grant/Award
1 txn
Insider
Russell Kenneth D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,513 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 5,513 contracts (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Mechanics Bancorp (the "Company") Class A common stock. RSUs do not require the holder to pay any consideration on vesting.
- F2. On May 28, 2026, the Reporting Person was granted 5,513 RSUs, which vest on May 28, 2027. Upon vesting, the Reporting Person will receive a number of shares of the Company's Class A common stock equal to the number of RSU's that vest on that date.
Key Figures
RSUs granted: 5,513 units
RSU vesting date: May 28, 2027
Exercise/consideration price: $0.0000 per unit
+3 more
6 metrics
RSUs granted
5,513 units
Restricted Stock Units granted on May 28, 2026
RSU vesting date
May 28, 2027
Date when 5,513 RSUs convert into shares
Exercise/consideration price
$0.0000 per unit
No consideration required on vesting
Shares underlying RSUs
5,513 shares
Class A common stock underlying granted RSUs
RSU holdings after grant
5,513 units
Total RSUs directly held after this award
Derivative transactions reported
1 transaction
Single RSU grant on this Form 4
Key Terms
Restricted Stock Units, Class A common stock, vest, grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A common stock financial
"receive one share of Mechanics Bancorp (the "Company") Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"RSUs, which vest on May 28, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction was reported for Mechanics Bancorp (HMST) in this Form 4?
The filing shows a grant of 5,513 Restricted Stock Units to director Russell Kenneth D. These units are a form of stock-based compensation that convert into Mechanics Bancorp Class A common shares once they vest.
How many Restricted Stock Units did the Mechanics Bancorp director receive?
The director received a grant of 5,513 Restricted Stock Units. Each unit represents a future right to one share of Mechanics Bancorp Class A common stock, providing equity-based compensation that aligns the director’s interests with long-term shareholder value.
When do the 5,513 RSUs granted by Mechanics Bancorp vest?
The 5,513 Restricted Stock Units vest on May 28, 2027. On that date, the director will receive an equal number of Mechanics Bancorp Class A common shares, assuming all vesting conditions disclosed are satisfied at that time.
Is this Mechanics Bancorp Form 4 a stock purchase or a compensation grant?
This Form 4 reflects a compensation-related grant, not an open-market stock purchase. The director received 5,513 Restricted Stock Units as an award, which will later convert into Mechanics Bancorp Class A common shares when they vest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates