Janisha Sabnani - 27 Feb 2026 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
EVP/General Counsel/Corp Sec
Signature
/s/Sabnani, Janisha
Issuer symbol
HTBK
Transactions as of
27 Feb 2026
Net transactions value
-$25,581
Form type
4
Filing time
03 Mar 2026, 17:34:45 UTC
Previous filing
11 Mar 2025
Next filing
09 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sabnani Janisha EVP/General Counsel/Corp Sec 224 AIRPORT PARKWAY, SAN JOSE /s/Sabnani, Janisha 03 Mar 2026 0002055367

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 +4,761 $0.000000 4,761 27 Feb 2026 Direct F1
transaction HTBK Common Stock, No Par Value Award $0 +238 +5% $0.000000 4,999 27 Feb 2026 Direct F2
transaction HTBK Common Stock, No Par Value Tax liability $25,581 -2,058 -41% $12.43 2,941 27 Feb 2026 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 -4,761 -33% $0.000000 9,524 27 Feb 2026 Common Stock, No Par Value 4,761 $0.000000 Direct F1, F4
holding HTBK Restricted Stock Unit 8,757 27 Feb 2026 Common Stock, No Par Value 8,757 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 8,757 27 Feb 2026 Common Stock, No Par Value 8,757 $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 (RSUs) convert into shares of the Company's Common Stock on a one-for-one basis.
F2 The reporting person acquired 238 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 RSUs grant.
F3 Represents RSUs withheld to satisfy tax withholding obligations in connection with the vesting of Restricted Stock, exempt under Rule 16b-3.
F4 The RSUs vest annually in three equal installments commencing on February 27, 2026, the first anniversary of the holder's grant date. The second tranche will vest on February 27, 2027. The remaining RSUs will vest on February 27, 2028.