Downer Douglas E sold MCHB
October 7, 2025 · Form 4 insider transaction
Downer Douglas E sold 75,000 shares of Mechanics Bancorp, a transaction worth N/A. The trade was recorded as gift and disclosed on an SEC Form 4, filed 167 days after the transaction.
Direction
Disposed (sell-side)
Shares
75,000
Price
N/A
Total value
N/A
InsiderDowner Douglas E
Role—
CompanyMechanics Bancorp (MCHB)
SecurityClass A Common Stock
Transaction codeG: Gift
Transaction dateOctober 7, 2025
Filing dateMarch 23, 2026
Shares owned after2,392,764
OwnershipIndirect
10b5-1 planNo
AmendedNo
Footnotes
On October 7, 2025, the reporting person gifted 75,000 shares of the issuer's Class A common stock to his son's trust, Robert P. Downer, TTEE, Jack Y. Downer Irrevocable Tr U/A Dtd 7/23/25. The reporting person disclaims any pecuniary interest in these shares.