HERITAGE FINANCIAL CORP /WA/·4

Jun 17, 4:46 PM ET

CHARNESKI BRIAN 4

Research Summary

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Heritage Financial (HFWA) Director Brian Charneski Receives 1,999-Share Award

What Happened

  • Brian Charneski, a director of Heritage Financial Corp. (HFWA), was granted 1,999 shares as an award/other acquisition (derivative) on June 17, 2026. The grant is reported at $27.52 per share, for a total reported value of $55,012.
  • This is an acquisition via an award (filing code "A"), typically part of compensation for insiders rather than an open-market purchase.

Key Details

  • Transaction date and price: 2026-06-17 at $27.52 per share.
  • Shares granted: 1,999; reported total value: $55,012.
  • Nature of transaction: Derivative award/grant (Form 4 code "A"); filing does not specify exact instrument type (e.g., RSUs vs restricted stock) or vesting schedule.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Timeliness: Filing date 2026-06-17 — reported the same day (timely); no late filing flag noted.

Context

  • Director awards are commonly part of regular compensation and may vest over time; they are not the same as an open-market purchase and don’t necessarily signal an immediate personal cash commitment.
  • For retail investors, awarded shares can indicate alignment of insiders with shareholder interests, but the award’s impact depends on vesting, holding, and other compensation details not disclosed here.