Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 176

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 176
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 Mechanics for their service on the Mechanics board. They are, however, reimbursed by Mechanics for expenses incurred by them to attend meetings of the Mechanics board. |

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Each non-employee director that is unaffiliated with Ford Financial receives for their service on the board of directors of Mechanics the following: (i) a cash retainer of $75,000 per year, which is payable in equal installments quarterly, and (ii) one restricted stock unit that is granted at the time of election at the annual meeting of shareholders and vests at the next succeeding annual meeting of shareholders. Dividends paid on such restricted stock units are accrued and paid following the vesting of such units. In addition, the chairs of the audit committee and the compensation committee of the board of directors of Mechanics receive an additional annual cash retainer of $20,000 and $10,000, respectively, for serving in those positions. Such amounts also are paid in equal installments quarterly. Additionally, directors are reimbursed for costs incurred in attending meetings of the board of directors of Mechanics.

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PRINCIPAL SHAREHOLDERS OF HOMESTREET The following table and accompanying footnotes set forth certain information with respect to the beneficial ownership of HomeStreet common stock as of May 12, 2025 for:

| • | each person, or group of affiliated persons, who is known by HomeStreet to beneficially own more than 5% of HomeStreet common stock; |

| • | each of HomeStreet active named executive officers; |

| • | all of HomeStreet directors; and |

| • | all of HomeStreet executive officers and directors as a group. |

Beneficial ownership prior to the completion of the merger is based on 18,920,808 shares of HomeStreet common stock. Beneficial ownership is determined in accordance with the rules and regulations of the SEC and includes voting or investment power with respect to HomeStreet common stock. Shares of HomeStreet common stock that an individual has a right to acquire within 60 days after May 12, 2025 are considered outstanding and beneficially owned by the person holding such right for the purpose of calculating the percentage ownership of that person but not for the purpose of calculating the percentage ownership of any other person, except with respect to the percentage ownership of all directors and executive officers, if applicable. Except as otherwise noted, the persons and entities in this table have sole voting and investing power with respect to all of the shares of Home