Husain Kamran F 4

What Happened

• Husain Kamran F, a director of Heritage Commerce Corp (HTBK), reported a disposition to the issuer of 28,084 shares on April 17, 2026. The Form 4 shows the shares disposed at $0.00 (total reported value $0), because the shares were cancelled and converted under a merger.
• Under the merger agreement, each HTBK common share was converted into the right to receive 0.65 shares of CVB Financial Corp (CVBF). Based on that exchange ratio, the 28,084 HTBK shares correspond to the right to receive about 18,255 CVBF shares (28,084 × 0.65).

Key Details

• Transaction date: 2026-04-17 (Effective Time of the merger).
• Price reported: $0.00 per share; total reported proceeds: $0.
• Shares owned after transaction: not specified in the information provided in this filing.
• Notable footnotes:
  • F1: All outstanding HTBK shares were cancelled and converted into CVBF shares at 0.65 per HTBK share as of the Effective Time.
  • F2: Outstanding restricted stock awards accelerated at the Effective Time and were converted into the same merger consideration.
• Filing timeliness: Form filed on the same date as the transaction (no late filing indicated).

Context

• This disposition is a corporate-action conversion tied to the merger (HTBK → CVBF), not an open-market sale for cash—so it doesn’t necessarily reflect the director’s buy/sell decision. Restricted awards were accelerated and similarly converted into CVBF consideration.