DOWNER EDWARD MICHAEL exercised options at MECHANICS BANCORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/29/2026ACC: 0002104239-26-000006
+5.51K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
8.81K acquired · 3.30K disposed
Non-Derivative Transactions1
Class A Common Stock
Indirect
Shares
+3.30K
Price / share
—
Trade value
—
% of position
0.2%
5/27/2026
1.51M→1.51M
Total
Net shares
+3.30K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Indirect | 5/27/2026 | M · Option Exercise | +3.30K | — | — | 0.2% | 1.51M | 1.51M |
| Total | +3.30K | $0.00 | ||||||
Derivative Transactions2
Restricted Stock Units
Direct
Converts to
Class A Common Stock
3.30K shares
Shares
−3.30K
Strike price
Held after
0.00
Exercisable
—
5/27/2026
Restricted Stock Units
Direct
Converts to
Class A Common Stock
5.51K shares
Shares
+5.51K
Strike price
Held after
5.51K
Exercisable
—
5/28/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock3.30K shares | 5/27/2026 | M · Option Exercise | −3.30K | — | 0.00 | |
| Restricted Stock Units Direct | Class A Common Stock5.51K shares | 5/28/2026 | A · Award | +5.51K | — | 5.51K |
Non-Derivative Holdings (Post-Transaction)6
Class A Common Stock
IndirectShares owned79.23K
Class A Common Stock
IndirectShares owned1.12M
Class A Common Stock
IndirectShares owned1.16M
Class A Common Stock
DirectShares owned9.90K
Class A Common Stock
IndirectShares owned1.12M
Class A Common Stock
IndirectShares owned1.12M
Total
9.90K direct·4.60M indirect4.61M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 79.23K | Indirect |
| Class A Common Stock | 1.12M | Indirect |
| Class A Common Stock | 1.16M | Indirect |
| Class A Common Stock | 9.90K | Direct |
| Class A Common Stock | 1.12M | Indirect |
| Class A Common Stock | 1.12M | Indirect |
| Total | 4.61M | 9.90K direct·4.60M indirect |
Derivative Holdings (Post-Transaction)1
Incentive Units - Deferred
DirectUnderlying security
Class A Common Stock
Underlying shares
2.55K
Shares owned
2.79K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
2.55K
Owned
2.79K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Incentive Units - Deferred Direct | Class A Common Stock | — | — | 2.55K | 2.79K | |
| Total | 2.55K | 2.79K | ||||