Ray Matthew T. - 15 Dec 2025 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Signature
/s/Kaylene Lahn Attorney in Fact for Matthew Ray
Issuer symbol
HFWA
Transactions as of
15 Dec 2025
Net transactions value
-$4,527
Form type
4
Filing time
16 Dec 2025, 12:47:32 UTC
Previous filing
18 Mar 2025
Next filing
27 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ray Matthew T. EVP Chief Lending Officer 201 5TH AVE SW, OLYMPIA /s/Kaylene Lahn Attorney in Fact for Matthew Ray 16 Dec 2025 0001961151

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFWA Common Stock Options Exercise $21,158 +832 +3.8% $25.43 22,838 15 Dec 2025 Direct
transaction HFWA Common Stock Tax liability $4,527 -178 -0.78% $25.43 22,660 15 Dec 2025 Direct

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 HFWA Restricted Stock Units Options Exercise $21,158 -832 -20% $25.43 3,332 15 Dec 2025 Common Stock 832 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award pursuant to 2023 Omnibus Equity Plan; shares vest one fifth over a five year period. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting.