Executive at Mechanics Bancorp (MCHB) receives 6,574-share RSU grant

Rhea-AI Filing Summary

Mechanics Bancorp reported that EVP and Chief Credit Officer Scott A. Givans acquired 6,574 shares of Class A common stock through a grant of restricted stock units. These RSUs vest in three equal annual installments beginning on March 1, 2027, and require no cash payment when they vest.

After this award, Givans directly holds 38,137 shares of Mechanics Bancorp Class A common stock. The filing reflects routine equity-based compensation that increases his alignment with common shareholders over time as the RSUs vest.

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

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^*

Givans Scott A.

(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 & Chief Credit Officer

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		6,574	A	(1)	38,137	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 6,574 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 Shrader, Attorney in fact for Scott A. Givans	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.
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 insider transaction did Mechanics Bancorp (MCHB) report for Scott A. Givans?

Mechanics Bancorp reported that EVP and Chief Credit Officer Scott A. Givans received a grant of 6,574 restricted stock units. These RSUs convert into Class A common shares over time, representing equity-based compensation rather than an open-market stock purchase.

How many Mechanics Bancorp RSUs were granted to Scott A. Givans?

Scott A. Givans was granted 6,574 restricted stock units of Mechanics Bancorp Class A common stock. Each RSU represents the right to receive one share in the future, subject to vesting conditions described in the award terms and the Form 4 filing.

What is the vesting schedule for Scott A. Givans’ Mechanics Bancorp RSUs?

The 6,574 restricted stock units granted to Scott A. Givans vest in three equal annual installments starting March 1, 2027. This means one-third of the RSUs become shares each year over three years, assuming continued satisfaction of the vesting conditions.

Does Scott A. Givans have to pay for his Mechanics Bancorp RSUs when they vest?

No, Scott A. Givans does not have to pay any consideration when his restricted stock units vest. Each vested RSU entitles him to receive one share of Mechanics Bancorp Class A common stock without an exercise price or cash payment requirement.

How many Mechanics Bancorp shares does Scott A. Givans hold after this RSU grant?

Following the reported grant, Scott A. Givans directly holds 38,137 shares of Mechanics Bancorp Class A common stock. This figure reflects his direct ownership after the award of 6,574 restricted stock units reported in the Form 4 insider filing.

Is the Mechanics Bancorp Form 4 for Scott A. Givans a stock purchase or compensation?

The Mechanics Bancorp Form 4 for Scott A. Givans reflects an equity compensation grant, not a market purchase. He received 6,574 restricted stock units at no cost, which will convert into Class A common shares over three years as they vest.