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HERITAGE COMMERCE CORP·4

Mar 9, 8:28 PM ET

Abate Christopher J 4

Research Summary

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Heritage Commerce (HTBK) Director Christopher Abate Receives 4,022-Share Award

What Happened
Christopher J. Abate, a director of Heritage Commerce Corp (HTBK), was granted 4,022 shares as a restricted stock award on 2026-03-05. The filing reports the shares were acquired at $0.00 (transaction code A — award/grant). The reported award is compensation rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-05; Filing date: 2026-03-09 (filed within the Form 4 deadline).
  • Shares granted: 4,022; Acquisition price per share reported: $0.00.
  • Vesting: Footnote F1 — the restricted stock award vests on the first anniversary of the grant date, subject to continuous employment.
  • Shares owned after the transaction: not provided in the material you supplied (see full Form 4 for current holdings).
  • Transaction code: A (award/grant). No sale or market purchase reported.

Context
Restricted stock awards are commonly used for executive/director compensation and retention; because these shares vest in the future, they do not represent an immediate open-market purchase or sale. For complete ownership context and any tax-withholding or subsequent disposition, review the full Form 4 filing.