HERITAGE COMMERCE CORP·4

Mar 9, 8:16 PM ET

Sutton Marina Park 4

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Heritage Commerce (HTBK) Director Sutton Marina Park Receives 4,022-Share Award

What Happened
Sutton Marina Park, a director of Heritage Commerce Corp (HTBK), was granted 4,022 shares on March 5, 2026 as a restricted stock award (transaction code A). The award is reported at $0.00 per share (no cash purchase price recorded). The filing corrects prior over-reporting of 617 shares in earlier Form 4s.

Key Details

  • Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely filing).
  • Reported price: $0.00 per share; total reported cash consideration = $0.
  • Vesting: Footnote F1 — shares vest on the first anniversary of the grant date, subject to continuous service.
  • Correction: Footnote F2 — 617 shares were previously over-reported in the reporting person's filings; beneficial ownership is corrected in this Form 4.
  • Shares owned after transaction: the filing corrects prior ownership totals; the exact post-grant total is not detailed in the summary provided.

Context
This was a restricted stock award tied to service/compensation rather than an open-market purchase or sale. Such awards are common for directors and reflect compensation arrangements; they do not by themselves indicate the insider is buying or selling stock in the market.