Glenn C. Shrader - 02 Sep 2025 Form 4 Insider Report for Mechanics Bancorp (HMST)

Role
EVP & General Counsel
Signature
/s/ Glenn C. Shrader
Issuer symbol
HMST
Transactions as of
02 Sep 2025
Net transactions value
-$15,230
Form type
4
Filing time
05 Jan 2026, 19:39:31 UTC
Next filing
18 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shrader Glenn C EVP & General Counsel 1111 CIVIC DR STE 390, SUITE 390, WALNUT CREEK /s/ Glenn C. Shrader 05 Jan 2026 0002102635

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHB Class A Common Stock Award $0 +11,636 $0.000000 11,636 26 Sep 2025 Direct
transaction MCHB Class A Common Stock Tax liability $15,230 -1,041 -8.9% $14.63 10,595 31 Dec 2025 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 - Deferred Award $0 +19,452 +6922% $0.000000 19,733 02 Sep 2025 Class A Common Stock 19,452 Direct F1, F2, F3, F4
transaction MCHB Incentive Units - Not Deferred (2022) Award $0 +2,980 $0.000000 2,980 02 Sep 2025 Class A Common Stock 2,980 Direct F1, F2, F5
transaction MCHB Incentive Units - Not Deferred (2023) Award $0 +3,439 $0.000000 3,439 02 Sep 2025 Class A Common Stock 3,439 Direct F1, F2, F6
transaction MCHB Incentive Units - Not Deferred (2024) Award $0 +7,495 $0.000000 7,495 02 Sep 2025 Class A Common Stock 7,495 Direct F1, F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As consideration in the merger of HomeStreet Bank, a wholly owned subsidiary of Issuer, with and into Mechanics Bank ("MB"), pursuant to the which MB continued as the surviving corporation and as a wholly owned subsidiary of Issuer (the "Merger"), (i) each share of MB voting common stock converted into the right to receive 3,301.0920 shares of Issuer Class A Common Stock, which, on the effective date of the Merger, had a closing price of $13.87 per share, (ii) each MB restricted stock unit of the Reporting Person converted into restricted stock units of Issuer for the right to receive 3,301.0920 shares of Issuer Class A Common Stock, and (iii) each MB incentive unit of the Reporting Person converted into incentive units of Issuer of the economic equivalent of 3,301.0920 shares of Issuer Class A Common Stock.
F2 Each incentive unit is the economic equivalent of one share of Issuer Class A Common Stock.
F3 The Reporting Person has elected to defer payment on such incentive units until the earlier of (i) the retirement or termination of the Reporting Person, or (ii) a change in control of Issuer.
F4 Includes 281 incentive units acquired on December 15, 2025 pursuant to dividend reinvestment.
F5 The incentive units vest on February 15, 2026.
F6 The incentive units vest in two equal annual installments beginning February 15, 2026.
F7 The incentive units vest in three equal annual installments beginning February 15, 2026.