Susan Svensson Just - 23 Dec 2025 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
EVP/Chief Credit Officer
Signature
/s/Janisha Sabnani as Attorney-in-Fact for Susan Just
Issuer symbol
HTBK
Transactions as of
23 Dec 2025
Net transactions value
-$45,826
Form type
4
Filing time
29 Dec 2025, 17:27:42 UTC
Previous filing
10 Sep 2025
Next filing
09 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Just Susan Svensson EVP/Chief Credit Officer 224 AIRPORT PARKWAY, SAN JOSE /s/Janisha Sabnani as Attorney-in-Fact for Susan Just 29 Dec 2025 0001993124

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HTBK Common Stock, No Par Value Options Exercise $0 +4,153 +42% $0.000000 13,967 23 Dec 2025 Direct F1
transaction HTBK Common Stock, No Par Value Options Exercise $0 +2,810 +20% $0.000000 16,777 23 Dec 2025 Direct F1
transaction HTBK Common Stock, No Par Value Award $0 +628 +3.7% $0.000000 17,405 23 Dec 2025 Direct F2
transaction HTBK Common Stock, No Par Value Tax liability $45,826 -3,669 -21% $12.49 13,736 23 Dec 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HTBK Restricted Stock Unit Options Exercise $0 -4,153 -50% $0.000000 4,153 23 Dec 2025 Common Stock, No Par Value 4,153 $0.000000 Direct F1, F4
transaction HTBK Restricted Stock Unit Options Exercise $0 -2,810 -33% $0.000000 5,622 23 Dec 2025 Common Stock, No Par Value 2,810 $0.000000 Direct F1, F5
holding HTBK Performance-Based Restricted Stock Unit 12,458 23 Dec 2025 Common Stock, No Par Value 12,458 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 8,431 23 Dec 2025 Common Stock, No Par Value 8,431 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units, or RSUs, convert into shares of the Company's Common Stock on a one-for-one basis.
F2 The reporting person acquired 628 shares of the Company's Common Stock as a result of the stock dividends payable to the reporting person upon the partial vesting of the RSU grant.
F3 Represents RSUs and Restricted Stock Awards, or RSAs withheld to satisfy tax withholding obligations in connection with the vesting of RSUs and RSAs, exempt under Rule 16b-3.
F4 The second tranche of this RSU grant was accelerated to vest on 12/23/2025 instead of 3/8/2026. The remaining tranche will vest in accordance with the original terms.
F5 The first tranche of this RSU grant was accelerated to vest on 12/23/2025 instead of 3/10/2026. The remaining tranche will vest in accordance with the original terms.