Curran Amy E. 4

What Happened
Amy E. Curran, EVP and Director of Commercial Lending at Heritage Financial Corp (HFWA), exercised stock derivatives on 2026-03-16. The filing shows exercise/conversion of options resulting in 5,040 shares acquired at $24.89 per share (total ≈ $125,446). To cover exercise/tax obligations, 918 shares were surrendered/withheld (value ≈ $22,849), leaving a net issuance to Curran of 4,122 shares (net value ≈ $102,597). Transaction codes: M = option exercise/conversion; F = payment of exercise price/tax withholding.

Key Details

• Transaction date: 2026-03-16; exercise price per share: $24.89.
• Gross shares from exercise: 5,040 (155 + 776 + 1,061 + 1,619 + 1,429).
• Shares withheld for taxes/payment: 918 (value ≈ $22,849).
• Net shares received: 4,122 (net value ≈ $102,597).
• Footnotes reference prior RSU grants and omnibus equity plans (F1–F5) — these describe separate restricted stock unit awards and vesting schedules.
• No late filing flag provided in the data supplied.

Context
This was an exercise of derivative awards (options/conversions) rather than an open-market purchase or a sale. The withholding of 918 shares to satisfy tax/exercise obligations indicates a partially cashless outcome (shares used to pay taxes/exercise costs). RSU footnotes describe other equity awards and vesting terms but are separate from this exercise transaction.