SHRADER GLENN C (EVP & General 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
+2.98K
Price / share
—
Trade value
—
% of position
Class A Common Stock
Shares
−1.23K
Price / share
$15.37
Trade value
$18.87K
% of position
Class A Common Stock
Shares
+1.72K
Price / share
—
Trade value
—
% of position
Class A Common Stock
Shares
−708.00
Price / share
$15.37
Trade value
$10.88K
% of position
Class A Common Stock
Shares
+2.50K
Price / share
—
Trade value
—
% of position
Class A Common Stock
Shares
−1.03K
Price / share
$15.37
Trade value
$15.82K
% of position
Net shares
+4.23K
Net value
-$45.57K
| 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 | +2.98K | — | — | 28.1% | 10.60K | 13.57K |
| Class A Common Stock Direct | 2/15/2026 | F · Tax Withholding | −1.23K | $15.37 | $18.87K | 9.0% | 13.57K | 12.35K |
| Class A Common Stock Direct | 2/15/2026 | M · Option Exercise | +1.72K | — | — | 13.9% | 12.35K | 14.07K |
| Class A Common Stock Direct | 2/15/2026 | F · Tax Withholding | −708.00 | $15.37 | $10.88K | 5.0% | 14.07K | 13.36K |
| Class A Common Stock Direct | 2/15/2026 | M · Option Exercise | +2.50K | — | — | 18.7% | 13.36K | 15.86K |
| Class A Common Stock Direct | 2/15/2026 | F · Tax Withholding | −1.03K | $15.37 | $15.82K | 6.5% | 15.86K | 14.83K |
| Total | +4.23K | -$45.57K | ||||||
Incentive Units - Not Deferred (2022)
Class A Common Stock
2.98K shares
Shares
−2.98K
Strike price
Held after
0.00
Exercisable
—
Incentive Units - Not Deferred (2023)
Class A Common Stock
1.72K shares
Shares
−1.72K
Strike price
Held after
1.72K
Exercisable
—
Incentive Units - Not Deferred (2024)
Class A Common Stock
2.50K shares
Shares
−2.50K
Strike price
Held after
5K
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Incentive Units - Not Deferred (2022) Direct | Class A Common Stock2.98K shares | 2/15/2026 | M · Option Exercise | −2.98K | — | 0.00 | |
| Incentive Units - Not Deferred (2023) Direct | Class A Common Stock1.72K shares | 2/15/2026 | M · Option Exercise | −1.72K | — | 1.72K | |
| Incentive Units - Not Deferred (2024) Direct | Class A Common Stock2.50K shares | 2/15/2026 | M · Option Exercise | −2.50K | — | 5K |