Homestreet SEC Filings

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.

Erik D. Hand, identified as EVP, Mortgage Lending Director, reported receipt of Issuer Class A common stock on September 2, 2025 related to vesting of performance stock units (PSUs) accelerated by a merger. The Form 4 shows two non‑derivative acquisitions: 966 shares from a 2023 PSU and 3,042 shares from a 2024 PSU, both issued without payment based on achievement of specified performance factors, bringing his reported direct holdings to 10,236 shares. The filing also discloses 3,165.212 shares held indirectly via the HomeStreet, Inc. 401(k) Savings Plan as of the merger date.

The Form 4 states that at the effective time of the merger on September 2, 2025, HomeStreet, Inc. was renamed Mechanics Bancorp and the Reporting Person resigned as an officer, after which he is no longer subject to Section 16 reporting for the issuer.

William Endresen, an executive formerly of HomeStreet, Inc., reported stock transactions tied to the September 2, 2025 merger that renamed HomeStreet to Mechanics Bancorp (MCHB). On the merger effective date each outstanding performance stock unit (PSU) held by Mr. Endresen accelerated and converted into shares of the issuer's Class A common stock plus cash for accrued dividends. He received 3,736 shares from a 2023 PSU and 11,761 shares from a 2024 PSU, bringing his direct beneficial ownership to 39,299 shares. He also holds 537.567 shares indirectly through the former HomeStreet 401(k) plan. Mr. Endresen resigned as an officer effective at the merger and is no longer subject to Section 16 reporting obligations.

Godfrey B. Evans, Executive Vice President and General Counsel, reported the receipt of shares of Mechanics Bancorp (formerly HomeStreet, Inc.) common stock on 09/02/2025 due to vesting and acceleration of performance stock units (PSUs) in connection with the merger effective that date. The Form 4 shows 2,813 shares issued upon vesting of an earlier PSU and 8,855 shares issued from a separate PSU, each issued without payment based on achievement of performance factors. At the time of the report Mr. Evans beneficially owned 72,535 and 81,390 shares following each respective issuance. The filing also states Mr. Evans resigned his officer role effective with the merger and is no longer subject to Section 16 reporting obligations.

Paulette Lemon, an executive formerly of HomeStreet, Inc., reported multiple equity transactions tied to the company nd its merger into Mechanics Bancorp (ticker shown as MCHB). On 09/02/2025 PSUs accelerated at the merger's effective time and converted into shares of Issuer Class A common stock; she received 1,954 and 6,389 shares from PSUs granted on 01/01/2023 and 01/01/2024 respectively, and 529 and 1,728 shares were withheld to satisfy withholding taxes. Following these settlements, her beneficial ownership positions are reported as 26,888.2 and 25,160.2 shares on different reported lines.

The filing states Ms. Lemon resigned as an officer effective at the merger closing on 09/02/2025 and is no longer subject to Section 16 reporting obligations; the Form 4 is signed by an attorney-in-fact on 09/04/2025. The transactions reflect PSU vesting and tax withholding tied exclusively to the merger and the related vesting provisions.