Glenn C. Shrader - 15 Feb 2026 Form 4 Insider Report for Mechanics Bancorp (MCHB)

Signature
/s/ Glenn C. Shrader
Issuer symbol
MCHB
Transactions as of
15 Feb 2026
Net transactions value
-$45,572
Form type
4
Filing time
18 Feb 2026, 21:13:40 UTC
Previous filing
05 Jan 2026
Next filing
03 Mar 2026

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 18 Feb 2026 0002102635

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHB Class A Common Stock Options Exercise +2,980 +28% 13,575 15 Feb 2026 Direct F1
transaction MCHB Class A Common Stock Tax liability $18,874 -1,228 -9% $15.37 12,347 15 Feb 2026 Direct
transaction MCHB Class A Common Stock Options Exercise +1,719 +14% 14,066 15 Feb 2026 Direct F1
transaction MCHB Class A Common Stock Tax liability $10,882 -708 -5% $15.37 13,358 15 Feb 2026 Direct
transaction MCHB Class A Common Stock Options Exercise +2,498 +19% 15,856 15 Feb 2026 Direct F1
transaction MCHB Class A Common Stock Tax liability $15,816 -1,029 -6.5% $15.37 14,827 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 (2022) Options Exercise $0 -2,980 -100% $0.000000 0 15 Feb 2026 Class A Common Stock 2,980 Direct F2, F3
transaction MCHB Incentive Units - Not Deferred (2023) Options Exercise $0 -1,719 -50% $0.000000 1,720 15 Feb 2026 Class A Common Stock 1,719 Direct F2, F4
transaction MCHB Incentive Units - Not Deferred (2024) Options Exercise $0 -2,498 -33% $0.000000 4,997 15 Feb 2026 Class A Common Stock 2,498 Direct F2, F5
* 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 All shares have vested as of February 15, 2026.
F4 The remaining incentive units vest on February 15, 2027.
F5 The incentive units vest in two equal annual installments beginning February 15, 2027.