Ellwanger Kimberly T 4

What Happened
Kimberly T. Ellwanger, a director of Heritage Financial Corp. (HFWA), was granted 1,999 shares as a derivative award on June 17, 2026. The award is reported at $27.52 per share for a total reported value of $55,012. This was an acquisition via award (transaction code A), meaning the shares were issued as a grant rather than purchased on the open market.

Key Details

• Transaction date: 2026-06-17; filing date with SEC: 2026-06-17.
• Shares granted/acquired: 1,999 shares at $27.52 per share; total value reported: $55,012.
• Transaction type: Derivative award/grant (code A) — not an open-market purchase.
• Shares owned after transaction: Not specified in the filing provided.
• Footnotes/plan details: None reported in the supplied data (no 10b5-1, tax-withholding, or other footnotes shown).
• Timeliness: Report filed the same day as the transaction (no late filing flag in the provided information).

Context
A derivative award typically reflects compensation (for example, restricted stock or RSUs) rather than a market buy; such awards are common for directors and employees and do not necessarily indicate personal buying/selling sentiment. Retail investors often view purchases as stronger signals than awards, but grants are important to track for changes in insider ownership and potential future sell schedules (e.g., vesting or holding periods).