Every Form 4 that Mechanics Bancorp (MCHB) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow MCHB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MCHB filings page.
Mechanics Bancorp director Edward Michael Downer reported a very small indirect sale of 2 shares of Class A Common Stock at $15.13 per share on June 15, 2026. The E M Downer Dynasty Trust still holds 1,121,268 shares after this trade, and several other direct and indirect holdings were reported without new transactions.
Pellegrino Nancy D reported acquisition or exercise transactions in this Form 4 filing.
Mechanics Bancorp director Nancy D. Pellegrino received a grant of 5,513 Restricted Stock Units (RSUs) on May 28, 2026. Each RSU represents a contingent right to receive one share of Class A common stock and requires no payment when it vests on May 28, 2027.
Following the reported transactions, she holds 16,223 shares of Class A common stock directly, including 1,000 shares held jointly with her spouse. The RSU grant is a stock-based compensation award, not an open-market share purchase or sale.
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.
Mechanics Bancorp director Patricia Cochran reported equity compensation activity rather than open-market trading. She received a grant of 5,513 Restricted Stock Units (RSUs) on May 28, 2026, which vest on May 28, 2027, each RSU representing one share of Class A common stock.
On May 27, 2026, 3,301 previously granted RSUs vested and were converted into 3,301 shares of Class A common stock, increasing her direct common stock holdings to 13,204 shares. She also holds 2,554 deferred incentive units, each economically equivalent to one share, with payment deferred until retirement, termination, or a change in control.
Mechanics Bancorp director Douglas E. Downer reported compensation-related equity activity with no open‑market trading. He was granted 5,513 Restricted Stock Units (RSUs) on May 28, 2026, which vest on May 28, 2027 and will settle in an equal number of Class A common shares upon vesting.
On May 27, 2026, 3,301 previously granted RSUs vested and were exercised into 3,301 shares of Class A common stock, which are held indirectly through the Douglas E Downer Revocable Trust. Following these updates, indirect holdings include 2,317,764 Class A shares in the revocable trust and 1,121,270 Class A shares in the Douglas Downer Family Dynasty Trust, where E. Michael Downer serves as voting trustee.
Downer also holds 2,554 deferred incentive units, each economically equivalent to one share of Class A common stock, with payment deferred until his retirement, termination, or a change in control. The filing reflects equity awards, vesting, and updated reporting classifications rather than discretionary share purchases or sales.
Mechanics Bancorp director Jon R. Wilcox reported equity compensation and related equity movements. He was granted 5,513 Restricted Stock Units (RSUs) on May 28, 2026, which vest on May 28, 2027 and convert into an equal number of Class A common shares at no cost on vesting.
On May 27, 2026, 3,301 previously granted RSUs vested and were exercised into 3,301 shares of Class A common stock, increasing his direct common stock holdings to 13,204 shares. The filing also shows 2,554 deferred incentive units, each economically equivalent to one share of Class A common stock, with payment deferred until retirement, termination, or a change in control. The activity reflects compensation awards and derivative exercises, not open-market purchases or sales.
Mechanics Bancorp director Adrienne Y. Crowe reported compensation-related equity awards and an option-like exercise. On May 28, 2026 she was granted 5,513 Restricted Stock Units (RSUs), which vest on May 28, 2027 and will settle in the same number of Class A common shares when they vest.
On May 27, 2026, 3,301 previously granted RSUs vested and converted into 3,301 shares of Class A common stock, bringing her direct common stock holdings to 13,204 shares. She also holds 2,554 deferred incentive units, each economically equivalent to one share, with payment deferred until retirement, termination, or a change in control. The filing shows only grants and conversions, with no open-market buying or selling.
Mechanics Bancorp director Edward Michael Downer reported equity compensation and related holdings in Class A common stock. On May 28, 2026, he was granted 5,513 Restricted Stock Units (RSUs), which footnotes state will vest on May 28, 2027, each RSU converting into one share at vesting.
The filing also shows that 3,301 previously granted RSUs, awarded on May 21, 2025, vested on May 27, 2026 and were converted into 3,301 shares of Class A common stock held indirectly through a separate property trust. Downer’s reported indirect holdings include 1,511,898 shares in that trust and significant additional positions in several family dynasty trusts, plus 9,903 shares held directly and 2,554 incentive units – deferred that are economically equivalent to shares but payable after retirement, termination, or a change in control.
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.
Mechanics Bancorp reported an insider equity award to its EVP & Chief Banking Officer, Kallingal Tony P. On March 1, 2026, he acquired 6,048 shares of Class A common stock through a grant of restricted stock units at no cost. These RSUs vest in three equal annual installments starting March 1, 2027, with each unit converting into one share on vesting. Following this award, his directly held Class A common stock totals 34,590 shares.
Mechanics Bancorp reported that EVP & Chief Accounting Officer Fernando Pelayo received a grant of 4,470 shares of Class A common stock on March 1, 2026, as a stock award. This increased his directly held stake to 17,532 shares.
The footnote explains that the award was granted as 4,470 Restricted Stock Units that vest in three equal annual installments beginning March 1, 2027. Each RSU converts into one share of Class A common stock at vesting without any purchase price.
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.
Mechanics Bancorp executive Glenn C. Shrader, EVP & General Counsel, reported an equity award. On March 1, 2026, he was granted 3,366 restricted stock units that vest in three equal annual installments beginning March 1, 2027. Each unit converts into one share of Class A common stock with no purchase price, bringing his directly held stake to 18,193 shares.
Mechanics Bancorp director Edward Michael Downer reported several share acquisitions linked to the merger of HomeStreet Bank’s subsidiary with Mechanics Bank. He received 2,554 incentive units at no cash cost, each economically equivalent to one share of Class A common stock, with payment deferred until retirement, termination, or a change in control.
He also reported grants of Class A common stock, both directly and through multiple trusts and MJAK Holdings, LLC, in exchange for Mechanics Bank voting common shares under the merger terms. Indirect holdings are attributed to entities where he serves as trustee, voting trustee, or investment manager.
Mechanics Bancorp EVP & CFO Nathan Duda reported equity compensation-related transactions. He exercised 2,571 incentive units, each economically equivalent to one share of Class A common stock, for $0.00 per unit, receiving 2,571 Class A shares. A separate transaction disposed of 1,801 Class A shares at $15.37 per share to cover tax obligations linked to the exercise, leaving him with 32,367 Class A shares held directly.
Mechanics Bancorp executive vice president and chief accounting officer Fernando Pelayo exercised incentive units into common stock and had shares withheld for taxes. On February 15, 2026, he converted 2,506 incentive units into 2,506 shares of Class A common stock at $0.00 per share, then disposed of 1,032 shares at $15.37 per share to cover tax obligations. Following these transactions, he held 13,062 Class A shares and 5,012 incentive units, each unit economically equivalent to one share and vesting in two equal annual installments beginning February 15, 2027.
Mechanics Bancorp executive Glenn C. Shrader, EVP & General Counsel, reported several equity award transactions dated February 15, 2026. He exercised incentive units from 2022, 2023 and 2024, each unit economically equivalent to one share of Class A common stock and requiring no cash payment upon vesting.
These exercises delivered Class A shares in blocks of 2,980, 1,719 and 2,498 shares. On the same date, Shrader had 1,228, 708 and 1,029 Class A shares withheld at $15.37 per share to cover tax obligations. Footnotes state all related shares from certain grants have vested, with remaining incentive units scheduled to vest on or after February 15, 2027.
Mechanics Bancorp executive Kristie S. Shields reported multiple equity award transactions involving Class A common stock. On February 15, 2026, she exercised several series of incentive units from 2022, 2023, and 2024, each economically equivalent to one share and requiring no cash payment upon vesting.
The exercises delivered shares of Class A common stock, while separate transactions labeled with code F show 1,400, 808, and 1,201 shares withheld at $15.37 per share to cover tax obligations. After these transactions, her directly held Class A common stock position was 18,109 shares.
Mechanics Bancorp executive Scott A. Givans exercised equity awards and adjusted his shareholdings. On February 15, 2026, he exercised 4,164 Incentive Units - Not Deferred (2024), which are derivative securities economically equivalent to one share of Class A common stock and require no cash payment upon vesting.
The exercise delivered 4,164 shares of Class A Common Stock, increasing his direct holdings to 33,278 shares before a related tax transaction. In a separate tax-withholding disposition, 1,715 Class A shares at $15.37 per share were surrendered to cover tax obligations, leaving Givans with 31,563 Class A shares held directly after these transactions. Footnotes state that incentive units vest in two equal annual installments beginning February 15, 2027.
Mechanics Bancorp executive Tony P. Kallingal, EVP & Chief Banking Officer, reported equity award activity involving incentive units and Class A common stock. He acquired 4,580 shares of Class A common stock at $0.0000 per share through the exercise or conversion of incentive units, bringing his direct Class A holdings to 30,429 shares before a tax-related disposition.
To satisfy tax obligations, 1,887 Class A shares were disposed of at $15.37 per share, leaving him with 28,542 directly held Class A shares. Following the derivative transaction, he also held 9,162 incentive units. Footnotes state each incentive unit is economically equivalent to one Class A share, requires no payment upon vesting, and vests in two equal annual installments beginning on February 15, 2027.
Mechanics Bancorp executive Christopher D. Pierce, EVP & Chief Operating Officer, reported equity award activity. He exercised 4,580 incentive units into 4,580 shares of Class A common stock at a price of $0.0000 per share and then disposed of 1,887 shares through a tax-withholding transaction at $15.3700 per share.
After these transactions, he directly held 30,870 shares of Class A common stock and 9,162 incentive units. Each incentive unit is the economic equivalent of one share of Class A common stock and vests in two equal annual installments beginning on February 15, 2027.
Mechanics Bancorp director Jon R. Wilcox reported equity received in connection with the merger of HomeStreet Bank into Mechanics Bank. On September 2, 2025, he acquired 13,204 shares of Class A Common Stock at a stated price of $0, held directly.
He also acquired 2,554 deferred incentive units, each economically equivalent to one share of Class A Common Stock, bringing his total derivative holdings to 2,591 incentive units. These incentive units were received as part of the merger consideration, with the reporting person electing to defer payment until retirement, termination, or a change in control.
Mechanics Bancorp director Adrienne Y. Crowe reported new equity holdings tied to the merger of HomeStreet Bank with Mechanics Bank. On September 2, 2025, she acquired 13,204 shares of Class A Common Stock at a stated price of $0, held directly after the transaction.
She also received 2,554 deferred incentive units, each economically equivalent to one share of Class A Common Stock, bringing her total to 2,591 incentive units. These awards reflect conversion of prior Mechanics Bank stock and units at a ratio of 3,301.0920 issuer shares per Mechanics Bank share or unit, based on a reference price of $13.87 per share, and payments on the incentive units have been deferred until retirement, termination, or a change in control.
Mechanics Bancorp director Patricia Cochran reported stock and incentive unit awards tied to the Mechanics Bank–HomeStreet Bank merger. On September 2, 2025, she acquired 13,204 shares of Class A Common Stock, leaving her with 13,204 directly held shares.
She also received 2,554 deferred incentive units, each economically equivalent to one share of Class A Common Stock, bringing her derivative holdings to 2,591 incentive units. These units were issued as merger consideration based on a conversion rate of 3,301.0920 shares of Mechanics Bancorp Class A Common Stock for each Mechanics Bank share, restricted stock unit, or incentive unit, at a referenced closing price of $13.87 per share. Payment on the incentive units is deferred until retirement, termination, or a change in control, and the total includes 37 units from dividend reinvestment.