CABRAL BRUCE H 4

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.