PIERCE CHRISTOPHER D (EVP & Chief Operating 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: 0002103476-26-000004
Officer· EVP & Chief Operating Officer
Since Mar 2026
-1.89K
Net shares
Net seller
$29.0K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
4.58K acquired · 6.47K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+4.58K
Price / share
—
Trade value
—
% of position
16.3%
2/15/2026
28.18K→32.76K
Class A Common Stock
Direct
Shares
−1.89K
Price / share
$15.37
Trade value
$29K
% of position
5.8%
2/15/2026
32.76K→30.87K
Total
Net shares
+2.69K
Net value
-$29K
| 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 | +4.58K | — | — | 16.3% | 28.18K | 32.76K |
| Class A Common Stock Direct | 2/15/2026 | F · Tax Withholding | −1.89K | $15.37 | $29K | 5.8% | 32.76K | 30.87K |
| Total | +2.69K | -$29K | ||||||
Derivative Transactions1
Incentive Units - Not Deferred (2024)
Direct
Converts to
Class A Common Stock
4.58K shares
Shares
−4.58K
Strike price
Held after
9.16K
Exercisable
—
2/15/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Incentive Units - Not Deferred (2024) Direct | Class A Common Stock4.58K shares | 2/15/2026 | M · Option Exercise | −4.58K | — | 9.16K |