PELAYO FERNANDO (EVP & Chief Accounting Officer) exercised options at MECHANICS BANCORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/18/2026ACC: 0002102020-26-000006
Officer· EVP & Chief Accounting Officer
Since Mar 2026
-1.03K
Net shares
Net seller
$15.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
2.51K acquired · 3.54K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+2.51K
Price / share
—
Trade value
—
% of position
21.6%
2/15/2026
11.59K→14.09K
Class A Common Stock
Direct
Shares
−1.03K
Price / share
$15.37
Trade value
$15.86K
% of position
7.3%
2/15/2026
14.09K→13.06K
Total
Net shares
+1.47K
Net value
-$15.86K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 2/15/2026 | M · Option Exercise | +2.51K | — | — | 21.6% | 11.59K | 14.09K |
| Class A Common Stock Direct | 2/15/2026 | F · Tax Withholding | −1.03K | $15.37 | $15.86K | 7.3% | 14.09K | 13.06K |
| Total | +1.47K | -$15.86K | ||||||
Derivative Transactions1
Incentive Units - Not Deferred (2024)
Direct
Converts to
Class A Common Stock
2.51K shares
Shares
−2.51K
Strike price
Held after
5.01K
Exercisable
—
2/15/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Incentive Units - Not Deferred (2024) Direct | Class A Common Stock2.51K shares | 2/15/2026 | M · Option Exercise | −2.51K | — | 5.01K |