CABRAL BRUCE H 4
4 · HERITAGE COMMERCE CORP · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
HERITAGE COMMERCE (HTBK) Director Bruce H. Cabral Receives Award
What Happened
- Bruce H. Cabral, a director of Heritage Commerce Corp (HTBK), was granted a restricted stock award of 4,022 shares on 2026-03-05. The shares were issued at $0.00 (no purchase price), so the immediate transaction value reported is $0. This is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-05; Form 4 filed 2026-03-09 (Accession: 0001593968-26-000081).
- Award: 4,022 restricted shares; reported price per share $0.00; reported total value $0.
- Vesting: Footnote F1 — the restricted stock vests on the first anniversary of the grant date, subject to continuous employment with the company.
- Shares owned after transaction: Not specified in the provided filing details.
- Filing timeliness: No late-filing indicator provided in the record.
Context
- This was a compensation grant (award), commonly used for directors to align their interests with shareholders. Because the shares are restricted and subject to one-year vesting, they are not immediately liquid and do not indicate an open-market purchase or sale.
Insider Transaction Report
Form 4
CABRAL BRUCE H
Director
Transactions
- Award
Common Stock, No Par Value
[F1]2026-03-05+4,022→ 9,012 total
Holdings
- 118,313(indirect: By Trust)
Common Stock, No Par Value
- 2,470
Employee Stock Option (right to buy)
Exercise: $7.12From: 2019-10-11Exp: 2027-05-16→ Heritage Commerce Corp - Common Stock (2,470 underlying) - 2,470
Employee Stock Option (right to buy)
Exercise: $10.31From: 2019-10-11Exp: 2029-05-08→ Heritage Commerce Corp - Common Stock (2,470 underlying) - 2,470
Employee Stock Option (right to buy)
Exercise: $10.77From: 2019-10-11Exp: 2028-05-08→ Heritage Commerce Corp - Common Stock (2,470 underlying)
Footnotes (1)
- [F1]Restricted stock award vests at the first anniversary of the grant date, subject to continuous employment with the company.
Signature
/s/Janisha Sabnani as Attorney-in-Fact for Bruce H Cabral|2026-03-09