Director Jon R. Wilcox's RSU Vesting and New Grant in Mechanics Bancorp

This SEC Form 4 filing reports equity transactions by director Jon R. Wilcox of Mechanics Bancorp (MCHB). On May 27, 2026, 3,301 restricted stock units (RSUs) vested and converted into Class A common stock, which Wilcox acquired at $0 per share. Following this transaction, he now holds 13,204 shares of Class A common stock. Additionally, on May 28, 2026, Wilcox was granted 5,513 new RSUs that will vest on May 28, 2027. The filing also notes that Wilcox holds 2,792 incentive units (economic equivalent of Class A common stock) that are deferred until retirement, termination, or a change in control. The transactions reflect normal equity compensation for a director and do not involve any cash consideration.