Mechanics Bancorp declares $0.40 Class A and $4.00 Class B cash dividend

Mechanics Bancorp

Dividend of $0.40 per Class A share and $4.00 per Class B share declared.
Payable March 19, 2026 to shareholders of record as of March 9, 2026.
Board also adopted bylaw amendment specifying uncertificated share form.
Bylaw revisions to Sections 4.1 and 4.3 effective February 25, 2026.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Mechanics Bancorp: Amended Sections 4.1 and 4.3 of the bylaws to clarify shares will be uncertificated unless board provides otherwise, with uncertificated shares in book-entry form (effective 2026-02-25).

Change: bylaw amendment
Effective: 2026-02-25

Exact text from the filing

On February 25, 2026, the Board of Directors of Mechanics Bancorp (the “Company”) approved and adopted an amendment to the Company’s Amended and Restated Bylaws. The amendment revises Sections 4.1 and 4.3 of the Amended and Restated Bylaws to clarify that the Company’s shares will be uncertificated unless the Board of Directors provides otherwise, and that uncertificated shares will be recorded in book-entry form.

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Source: SEC EDGAR

accession 0001518715-26-000020

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