Janisha Sabnani - 10 Mar 2026 Form 4 Insider Report for HERITAGE COMMERCE CORP (HTBK)

Role
EVP/General Counsel/Corp Sec
Signature
/s/Janisha Sabnani
Issuer symbol
HTBK
Transactions as of
10 Mar 2026
Net transactions value
$0
Form type
4
Filing time
11 Mar 2026, 20:23:46 UTC
Previous 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/Janisha Sabnani 11 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 +2,919 +99% $0.000000* 5,860 10 Mar 2026 Direct
transaction HTBK Common Stock, No Par Value Award +146 +2.5% $0.000000* 6,006 10 Mar 2026 Direct F1
transaction HTBK Common Stock, No Par Value Tax liability -1,090 -18% $12.14* 4,916 10 Mar 2026 Direct F2

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 -2,919 -33% $0.000000* 5,838 10 Mar 2026 Common Stock, No Par Value 2,919 $0.000000 Direct F3, F4
holding HTBK Restricted Stock Unit 14,613 10 Mar 2026 Common Stock, No Par Value 14,613 $0.000000 Direct
holding HTBK Performance-Based Restricted Stock Unit 8,757 10 Mar 2026 Common Stock, No Par Value 8,757 $0.000000 Direct
holding HTBK Restricted Stock Unit 9,524 10 Mar 2026 Common Stock, No Par Value 9,524 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person acquired 146 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.
F2 Represents RSUs withheld to satisfy tax withholding obligations in connection with the vesting of Restricted Stock, exempt under Rule 16b-3.
F3 Restricted Stock Units (RSUs) convert into shares of the Company's Common Stock on a one-for-one basis.
F4 The RSUs vest annually in three equal installments commencing on March 10, 2026, the first anniversary of the holder's grant date. The second tranche will vest on March 10, 2027. The remaining RSUs will vest on March 10, 2028.