CHARNESKI BRIAN 4
Research Summary
AI-generated summary
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.