Fernando Pelayo - 15 Feb 2026 Form 4 Insider Report for Mechanics Bancorp (MCHB)

Role
EVP & Chief Accounting Officer
Signature
/s/ Glenn Shrader, Attorney in fact for Fernando Pelayo
Issuer symbol
MCHB
Transactions as of
15 Feb 2026
Net transactions value
-$15,862
Form type
4
Filing time
18 Feb 2026, 21:16:08 UTC
Previous filing
05 Jan 2026
Next filing
03 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Pelayo Fernando EVP & Chief Accounting Officer 1111 CIVIC DR STE 390, SUITE 390, WALNUT CREEK /s/ Glenn Shrader, Attorney in fact for Fernando Pelayo 18 Feb 2026 0002102020

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHB Class A Common Stock Options Exercise +2,506 +22% 14,094 15 Feb 2026 Direct F1
transaction MCHB Class A Common Stock Tax liability $15,862 -1,032 -7.3% $15.37 13,062 15 Feb 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCHB Incentive Units - Not Deferred (2024) Options Exercise $0 -2,506 -33% $0.000000 5,012 15 Feb 2026 Class A Common Stock 2,506 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each incentive unit represents a contingent right to receive one share of Issuer Class A common stock. Incentive units do not require the holder to pay any consideration upon vesting.
F2 Each incentive unit is the economic equivalent of one share of Issuer Class A Common Stock.
F3 The incentive units vest in two equal annual installments beginning February 15, 2027.