Homestreet SEC Filings

Mechanics Bancorp, formerly HomeStreet, Inc., reported that director Scott M. Boggs resigned from the board in connection with the company’s merger with Mechanics Bank. The resignation became effective at the time the merger closed on September 2, 2025, under the Agreement and Plan of Merger dated March 28, 2025. Following this change, Boggs is no longer subject to Section 16 reporting rules for trades in the company’s equity, so future transactions will not appear on Forms 4 or 5. As part of the same merger, HomeStreet, Inc. was renamed Mechanics Bancorp, reflecting the combined organization.

Mechanics Bancorp (formerly HomeStreet, Inc.) filed a Form S-8 registration statement to register securities for its employee benefit plans and incorporates by reference its Annual Report dated March 7, 2025, multiple Current Reports and Quarterly Reports filed during 2025, and the description of its common stock from a Form S-4 originally filed July 3, 2025. The filing lists corporate governance and administrative documents including amended articles and bylaws and a 2025 Equity Incentive Plan as exhibits. It describes statutory and contractual indemnification protections for directors and officers under Washington law, Mechanics’ charter/bylaws, indemnification agreements, and directors’ and officers’ insurance. The filing includes customary Securities Act undertakings regarding post-effective amendments, prospectus updates, and removal of unsold securities.

Mechanics Bancorp completed a merger with Mechanics Bank, effective September 2, 2025. The company formerly known as HomeStreet, Inc. changed its name to Mechanics Bancorp and HomeStreet Bank merged into Mechanics Bank, which survived as a wholly owned subsidiary. An August 26, 2025 amendment revised governing law and venue provisions but did not change principal merger terms. At closing, Mechanics Bank voting shares converted into 3,301.0920 shares of the companys Class A common stock and non-voting shares converted into 330.1092 shares of newly created Class B common stock. Outstanding Mechanics Bank RSUs were converted into Assumed RSUs tied to Class A shares with original terms preserved.

HomeStreet, Inc. shareholders approved all proposals at a special meeting related to its planned merger with Mechanics Bank. Investors backed amendments to the articles of incorporation to rename the company “Mechanics Bancorp,” raise authorized common stock from 160,000,000 to 1,900,000,000 and preferred stock from 10,000 to 120,000, and create two classes of common stock (1,897,500,000 Class A shares and 2,500,000 Class B shares).

Shareholders also approved issuing HomeStreet common stock in the merger that will represent more than 20% of the shares outstanding immediately before closing and constitute a change of control under exchange rules. In addition, they adopted the 2025 Equity Incentive Plan and approved, on a non-binding basis, merger-related compensation for named executive officers, along with an adjournment proposal. Completion of the merger still depends on satisfying or waiving customary closing conditions in the merger agreement.

HomeStreet, Inc. reported that it and Mechanics Bank have received all required regulatory approvals to proceed with their previously announced merger, which includes merging HomeStreet Bank into Mechanics. These approvals came from the Federal Reserve, FDIC, California and Washington banking regulators.

The merger can close only after customary conditions are met, including approval by HomeStreet shareholders at a special meeting scheduled for August 21, 2025. If those conditions are satisfied, the companies expect the merger to close on or about September 2, 2025. The filing also reminds investors that detailed information about the merger is contained in HomeStreet’s Form S-4 registration statement and proxy statement/prospectus.