SHIELDS KRISTIE S (EVP & Chief Compliance Counsel) exercised options at MECHANICS BANCORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
Class A Common Stock
Shares
+3.40K
Price / share
—
Trade value
—
% of position
Class A Common Stock
Shares
−1.40K
Price / share
$15.37
Trade value
$21.52K
% of position
Class A Common Stock
Shares
+1.96K
Price / share
—
Trade value
—
% of position
Class A Common Stock
Shares
−808.00
Price / share
$15.37
Trade value
$12.42K
% of position
Class A Common Stock
Shares
+2.92K
Price / share
—
Trade value
—
% of position
Class A Common Stock
Shares
−1.20K
Price / share
$15.37
Trade value
$18.46K
% of position
Net shares
+4.87K
Net value
-$52.40K
| 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 | +3.40K | — | — | 25.7% | 13.24K | 16.64K |
| Class A Common Stock Direct | 2/15/2026 | F · Tax Withholding | −1.40K | $15.37 | $21.52K | 8.4% | 16.64K | 15.24K |
| Class A Common Stock Direct | 2/15/2026 | M · Option Exercise | +1.96K | — | — | 12.9% | 15.24K | 17.20K |
| Class A Common Stock Direct | 2/15/2026 | F · Tax Withholding | −808.00 | $15.37 | $12.42K | 4.7% | 17.20K | 16.39K |
| Class A Common Stock Direct | 2/15/2026 | M · Option Exercise | +2.92K | — | — | 17.8% | 16.39K | 19.31K |
| Class A Common Stock Direct | 2/15/2026 | F · Tax Withholding | −1.20K | $15.37 | $18.46K | 6.2% | 19.31K | 18.11K |
| Total | +4.87K | -$52.40K | ||||||
Incentive Units - Not Deferred (2022)
Class A Common Stock
3.40K shares
Shares
−3.40K
Strike price
Held after
0.00
Exercisable
—
Incentive Units - Not Deferred (2023)
Class A Common Stock
1.96K shares
Shares
−1.96K
Strike price
Held after
1.96K
Exercisable
—
Incentive Units - Not Deferred (2024)
Class A Common Stock
2.92K shares
Shares
−2.92K
Strike price
Held after
5.83K
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Incentive Units - Not Deferred (2022) Direct | Class A Common Stock3.40K shares | 2/15/2026 | M · Option Exercise | −3.40K | — | 0.00 | |
| Incentive Units - Not Deferred (2023) Direct | Class A Common Stock1.96K shares | 2/15/2026 | M · Option Exercise | −1.96K | — | 1.96K | |
| Incentive Units - Not Deferred (2024) Direct | Class A Common Stock2.92K shares | 2/15/2026 | M · Option Exercise | −2.92K | — | 5.83K |