HERITAGE COMMERCE CORP·4

Mar 9, 8:30 PM ET

CABRAL BRUCE H 4

4 · HERITAGE COMMERCE CORP · Filed Mar 9, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-03-05
Transactions
  • Award

    Common Stock, No Par Value

    [F1]
    2026-03-05+4,0229,012 total
Holdings
  • Common Stock, No Par Value

    (indirect: By Trust)
    118,313
  • Employee Stock Option (right to buy)

    Exercise: $7.12From: 2019-10-11Exp: 2027-05-16Heritage Commerce Corp - Common Stock (2,470 underlying)
    2,470
  • Employee Stock Option (right to buy)

    Exercise: $10.31From: 2019-10-11Exp: 2029-05-08Heritage Commerce Corp - Common Stock (2,470 underlying)
    2,470
  • Employee Stock Option (right to buy)

    Exercise: $10.77From: 2019-10-11Exp: 2028-05-08Heritage Commerce Corp - Common Stock (2,470 underlying)
    2,470
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

Documents

1 file
  • 4
    primary_01.xmlPrimary

    PRIMARY DOCUMENT