Executive awarded 4,207 RSUs at Mechanics Bancorp (HMST) in Form 4

Rhea-AI Filing Summary

Mechanics Bancorp reported that EVP & Chief Compliance Counsel Kristie S. Shields received an equity award in the form of restricted stock units. On March 1, 2026, she was granted 4,207 RSUs, each representing a contingent right to receive one share of Class A common stock without paying any exercise price at vesting.

The RSUs vest in three equal annual installments beginning on March 1, 2027, which means the award is spread over three years to encourage longer-term retention. Following this grant, Shields holds 22,316 shares of Mechanics Bancorp Class A common stock in total.

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

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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^*

Shields Kristie S

(Last) (First) (Middle)

1111 CIVIC DRIVE

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 Compliance 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		4,207	A	(1)	22,316	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 4,207 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 Kristie S. Shields	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 (HMST) report for Kristie S. Shields?

Mechanics Bancorp reported that EVP & Chief Compliance Counsel Kristie S. Shields received a grant of 4,207 restricted stock units of Class A common stock. This is an equity award, not an open-market purchase or sale.

How many restricted stock units were granted to the Mechanics Bancorp (HMST) executive?

Kristie S. Shields was granted 4,207 restricted stock units (RSUs) on March 1, 2026. Each RSU gives her the right to receive one share of Class A common stock if vesting conditions are satisfied.

When do the newly granted RSUs at Mechanics Bancorp (HMST) vest?

The 4,207 RSUs granted to Kristie S. Shields vest in three equal annual installments, starting March 1, 2027. This schedule spreads vesting over three years, aligning her compensation more closely with long-term company performance.

Does the Mechanics Bancorp (HMST) executive have to pay to receive RSU shares?

No. The filing states these RSUs do not require any consideration from the holder upon vesting. Once the vesting conditions are met, each RSU converts into one share of Class A common stock at no cost.

What is Kristie S. Shields’ total Mechanics Bancorp (HMST) share ownership after the grant?

After the reported RSU grant, Kristie S. Shields is shown as owning 22,316 shares of Mechanics Bancorp Class A common stock directly. This figure reflects her total holdings following the March 1, 2026 equity award.

Is the Mechanics Bancorp (HMST) Form 4 transaction a buy or sell in the market?

The Form 4 describes a grant or award acquisition, coded “A,” rather than a market trade. Shares are being awarded as compensation through RSUs, not bought or sold on the open market.