HomeStreet, Inc.: management transactions · United States · SEC (Form 4)

About HomeStreet, Inc.

HomeStreet, Inc. was a U.S. regional financial services company built around relationship banking, mortgage lending, and consumer/commercial banking. Founded in 1921 and headquartered in Seattle, Washington, United States, the company was publicly listed on the NASDAQ under the ticker HMST. For investors in France, Belgium, and Switzerland, HomeStreet is best understood as a West Coast banking franchise with a long operating history and a business mix that combined traditional deposit gathering with a meaningful mortgage platform. ([s25.q4cdn.com](https://s25.q4cdn.com/986981004/files/doc_financials/2024/ar/2024-Annual-Report-10K-for-Annual-Report-Filing-3-28-2025.pdf?utm_source=openai)) Operationally, HomeStreet’s core business model was organized around two major pillars: commercial and consumer banking, and mortgage banking. In its banking segment, the company offered deposit products, residential mortgage loans, consumer loans, business and commercial loans, cash management services, investment products, and insurance-related offerings. The mortgage side provided residential lending capabilities and reflected HomeStreet’s longstanding expertise in home finance. This made the company a hybrid institution: part community/regional bank, part specialized mortgage originator and servicer, with exposure to the housing cycle as well as to regional credit demand. ([annualreports.com](https://www.annualreports.com/Company/homestreet-inc?utm_source=openai)) From a competitive standpoint, HomeStreet operated in a crowded field of U.S. regional banks, competing with both local institutions and larger national players across deposits, commercial lending, and residential mortgage products. Its historical differentiation came from a strong West Coast footprint, particularly in the Pacific Northwest, California, and Hawaii, plus its ability to serve both consumers and businesses with a broad branch-and-lending platform. The company also highlighted customer satisfaction and corporate philanthropy as part of its brand positioning, which can matter in regional banking where trust and local relevance are key. ([homestreet.com](https://www.homestreet.com/about-us?utm_source=openai)) The most important recent development is corporate rather than purely operational: on September 2, 2025, HomeStreet Bank merged with Mechanics Bank, and HomeStreet, Inc. changed its corporate name to Mechanics Bancorp. In practical terms, that means HMST should be viewed as a legacy listing and legacy operating structure rather than an ongoing standalone equity story. For Form 4 analysis, this matters because insider transactions and governance disclosures around the merger closing reflect a transition period and not a stable “business as usual” state. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001518715/000114036125033560/ef20054890_8k.htm?utm_source=openai)) In summary, HomeStreet was a Seattle-based U.S. regional banking and mortgage platform with a 1921 origin, a West Coast focus, and a business model anchored in deposits, commercial banking, and residential lending. Its key recent milestone was the 2025 merger with Mechanics Bank, which effectively ended HomeStreet’s standalone corporate identity while preserving its operating history for analytical reference. ([s25.q4cdn.com](https://s25.q4cdn.com/986981004/files/doc_financials/2024/ar/2024-Annual-Report-10K-for-Annual-Report-Filing-3-28-2025.pdf?utm_source=openai))