$ Value
$0
Shares
5,098
Price
$0
Filed
Sep 4
Insider
Name
MICHEL JOHN
Title
EVP, Chief Financial Officer
CIK
0001594287
Roles
Transaction Details
Transaction Date
2025-09-02
Code
A
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
55,098
Footnotes
Reflects shares of Issuer Class A common stock received upon vesting of performance stock units ("PSUs"). Pursuant to the Agreement and Plan of Merger, dated as of March 28, 2025, among HomeStreet, Inc., HomeStreet Bank, a subsidiary of HomeStreet, Inc., and Mechanics Bank, at the effective time of the merger on September 2, 2025, each outstanding PSU held by the Reporting Person was accelerated and entitled the Reporting Person to receive shares of Issuer Class A common stock, plus a cash amount for any accrued but unpaid dividends on the PSUs. In the merger, HomeStreet, Inc. was renamed Mechanics Bancorp. | Shares of Issuer Class A common stock were issued to the Reporting Person without payment of any consideration in connection with the vesting of a PSU award granted to the Reporting Person on January 1, 2023. The number of shares issued on the vesting of the PSU was determined based on the achievement of certain performance factors set forth in the PSU. The unvested portion of the PSU was cancelled. | Excludes 5,527 shares transferred to the J. Michel and R. Michel TTEE, The Michel Family Tr U/A DTD 6/14/18 subsequent to the prior Form 4 filed for this Reporting Person. | Shares of Issuer Class A common stock were issued to the Reporting Person without payment of any consideration in connection with the vesting of a PSU award granted to the Reporting Person on January 1, 2024. The number of shares issued on the vesting of the PSU was determined based on the achievement of certain performance factors set forth in the PSU. The unvested portion of the PSU was cancelled. | Includes 5,527 shares transferred to the J. Michel and R. Michel TTEE, The Michel Family Tr U/A DTD 6/14/18 subsequent to the prior Form 4 filed for this Reporting Person. | Mr. Michel and his spouse, Rosetta Michel, are the co-trustees and beneficiaries of the J Michel and R Michel TTEE, The Michel Family Tr U/A DTD 6/14/18, and share voting and investment power over the assets of the trust.
Filing Info
Other Insiders at MCHB (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
|
Givans Scott A.
EVP & Chief Credit Officer
|
— | — | 2026-03-01 |
|
Duda Nathan
EVP & CFO
|
— | — | 2026-03-01 |
|
Pelayo Fernando
EVP & Chief Accounting Officer
|
— | — | 2026-03-01 |
|
Kallingal Tony P
EVP & Chief Banking Officer
|
— | — | 2026-03-01 |
|
Shrader Glenn C
EVP & General Counsel
|
— | — | 2026-03-01 |
|
Shields Kristie S
EVP & Chief Compliance Counsel
|
— | — | 2026-03-01 |
|
Pierce Christopher D
EVP & Chief Operating Officer
|
— | — | 2026-03-01 |
| Crowe Adrienne Y | — | — | 2025-09-02 |
| Downer Edward Michael | — | — | 2025-09-02 |
| Cochran Patricia | — | — | 2025-09-02 |
| Downer Douglas E | — | — | 2025-10-07 |
| Wilcox Jon R | — | — | 2025-09-02 |