BIAGINI KOMAS JULIANNE M 4

What Happened
Julianne M. Biagini Komas, a director of Heritage Commerce Corp (HTBK), was granted 6,838 shares as a restricted stock award on March 5, 2026. The reported acquisition price is $0.00, so the immediate cash value recorded on the Form 4 is $0. This is an equity award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-05
• Transaction type/code: Restricted stock award (A)
• Shares granted: 6,838; Price per share reported: $0.00; reported dollar value: $0
• Vesting: Footnote F1 — award vests on the first anniversary of the grant date, subject to continuous employment.
• Beneficial ownership note: Footnote F2 — the reporting person no longer beneficially owns any indirectly held shares due to a transfer of investment control of the trust on Dec 16, 2020.
• Filing timeliness: Form filed 2026-03-09, which is within the two-business-day reporting window (timely).

Context
Restricted stock awards are compensation, not market purchases; they typically vest over time and can be forfeited if employment ends before vesting. The $0.00 acquisition price reflects that these shares were granted as compensation rather than bought. The filing does not provide the total number of shares the insider owns after this grant in the excerpt provided.