Heritage Financial (HFWA) HR chief sells 5,439.991 company shares in open-market trades

Rhea-AI Filing Summary

Heritage Financial Corp. executive Sabrina C. Robison reported open-market sales of company stock. On May 1, 2026, she sold 4,723.991 shares of Heritage Financial common stock from a 401(K) Plan at $27.61 per share, reducing that indirect holding to zero shares.

On the same date, she also sold 716 shares of common stock in open-market transactions at $27.51 per share. After these direct sales, Robison directly owned 32,931 shares of Heritage Financial common stock.

Insider Trade Summary

Net Seller: 5,439.991 shares ($150,127)

Net Sell 2 txns

Insider Robison Sabrina C

Role EVP Chief HR Officer

Sold 5,439.991 shs ($150K)

Type	Security	Shares	Price	Value
Sale	Common Stock	716	$27.51	$20K
Sale	Common Stock	4,723.991	$27.61	$130K

Holdings After Transaction: Common Stock — 32,931 shares (Direct, null); Common Stock — 0 shares (Indirect, 401(K) Plan)

Footnotes (1)

Key Figures

Indirect shares sold: 4,723.991 shares Direct shares sold: 716 shares Total shares sold: 5,439.991 shares +4 more

7 metrics

Indirect shares sold 4,723.991 shares Common Stock sold from 401(K) Plan on May 1, 2026 at $27.61

Direct shares sold 716 shares Common Stock sold directly on May 1, 2026 at $27.51

Total shares sold 5,439.991 shares Aggregate open-market sales of Heritage Financial common stock

Price per share (401K sale) $27.61/share Open-market sale of 4,723.991 shares from 401(K) Plan

Price per share (direct sale) $27.51/share Open-market sale of 716 directly held shares

Shares held after 32,931 shares Direct ownership of Heritage Financial common stock after sales

Indirect holdings after 0 shares 401(K) Plan holdings of Heritage Financial common stock after sales

Key Terms

open-market sale, 401(K) Plan, Common Stock, indirect, +1 more

5 terms

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

401(K) Plan financial

"nature_of_ownership: 401(K) Plan"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

indirect financial

"ownership_type: indirect"

direct financial

"ownership_type: direct"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Robison Sabrina C

(Last) (First) (Middle)

201 5TH AVE SW

(Street)

OLYMPIA WASHINGTON 98501

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HERITAGE FINANCIAL CORP /WA/ [ HFWA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Chief HR Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		S		716	D	$27.51	32,931	D
Common Stock	05/01/2026		S		4,723.991	D	$27.61	0	I	401(K) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/Kaylene Lahn Attorney in Fact for Sabrina Robison	05/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did HFWA executive Sabrina C. Robison report?

Sabrina C. Robison reported two open-market sales of Heritage Financial common stock on May 1, 2026, disposing of shares held in a 401(K) Plan and in her direct ownership, according to the Form 4 filing.

How many HFWA shares did Sabrina C. Robison sell on May 1, 2026?

Robison sold a total of 5,439.991 shares of Heritage Financial common stock. This included 4,723.991 shares from a 401(K) Plan and 716 shares from her direct holdings, all in open-market transactions.

At what prices were the HFWA insider sales by Sabrina C. Robison executed?

Robison’s sales occurred at prices near $27.50 per share. She sold 4,723.991 shares at $27.61 each from a 401(K) Plan and 716 shares at $27.51 each from her direct ownership of Heritage Financial common stock.

How many HFWA shares does Sabrina C. Robison hold after these transactions?

Following the reported sales, Robison directly owns 32,931 shares of Heritage Financial common stock. Her indirect 401(K) Plan position in company stock was reduced to zero shares as a result of the Form 4-reported transactions.

Were the HFWA insider transactions direct or through a benefit plan?

The Form 4 shows both indirect and direct transactions. Robison sold 4,723.991 shares held indirectly through a 401(K) Plan and 716 shares held in direct ownership, all classified as open-market sales of common stock.