Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 167

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 167
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) |     |        488,250 |     |       23,500 |     | 2,100,500 |
| Chris Pierce                      |     | 2024 |     | 550,000 |     | —     |     | 253,000(a) |     |        257,400 |     |       21,075 |     | 1,081,475 |
| Chief Operating Officer           |     | 2023 |     | 500,000 |     | —     |     | 175,000(b) |     |        190,000 |     |       20,550 |     |   885,550 |
| Tony Kallingal                    |     | 2024 |     | 550,000 |     | —     |     | 253,000(a) |     |        224,950 |     |       22,275 |     | 1,050,225 |
| Chief Banking Officer             |     | 2023 |     | 500,000 |     | —     |     | 175,000(b) |     |        190,000 |     |       21,750 |     |   886,750 |

| (a) | Represents the aggregate grant date fair value of phantom units granted in accordance with Financial Accounting Standards Board (“FASB”) ASC 718 based upon a per-share valuation of Mechanics at December 31, 2023 of $45,580. Assumptions used in the calculations of these amounts are described in the Notes to Consolidated Financial Statements in the section entitled “Financial Statements and Supplementary Data Index to Financial Statements—Mechanics Bank”. |

| (b) | Represents the aggregate grant date fair value of RSUs granted in accordance with Financial Accounting Standards Board (“FASB”) ASC 718 based upon a per-share valuation of Mechanics at December 31, 2022 of $47,868. Assumptions used in the calculations of these amounts are described in the Notes to Consolidated Financial Statements in the section entitled “Financial Statements and Supplementary Data Index to Financial Statements—Mechanics Bank”. |

| (c) | For 2024, represents cash awards earned under Mechanics’ Annual Incentive Plan for performance during 2024, but paid in 2025. For 2023, represents cash awards earned under Mechanics’ Annual Incentive Plan for performance during 2023, but paid in 2024.