Heritage Financial Corp (HFWA) officer updates stock and RSU holdings

Rhea-AI Filing Summary

Heritage Financial Corp executive William Glasby reported updates to his equity holdings. On December 15, 2025, 265 restricted stock units converted into 265 shares of common stock at a listed price of $25.43, and a separate transaction coded “F” involved 40 shares at the same price. After these transactions, he directly owned 8,955 shares of Heritage Financial common stock and held 1,058 restricted stock units.

Insider Trade Summary

265 shares exercised/converted

Mixed 3 txns

Insider Glasby William

Role EVP Chief Information Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	265	$25.43	$7K
Exercise	Common Stock	265	$25.43	$7K
Tax Withholding	Common Stock	40	$25.43	$1K

Holdings After Transaction: Restricted Stock Units — 1,058 shares (Direct); Common Stock — 8,995 shares (Direct)

Footnotes (1)

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^*

Glasby William

(Last) (First) (Middle)

201 5TH AVE SW

(Street)

OLYMPIA WA 98501

(City) (State) (Zip)

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 Information Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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

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

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

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	12/15/2025		M		265	A	$25.43	8,995	D
Common Stock	12/15/2025		F		40	D	$25.43	8,955	D

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
Restricted Stock Units	$0	12/15/2025		M			265	12/15/2020	12/15/2029	Common Stock	265	$25.43	1,058	D

Explanation of Responses:

Remarks:

	/s/Kaylene Lahn Attorney in Fact for William Glasby	12/16/2025
	** 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.

FAQ

What insider equity transactions did Heritage Financial Corp (HFWA) report for its executive?

The filing reports that EVP and Chief Information Officer William Glasby had 265 restricted stock units convert into 265 shares of common stock on December 15, 2025, at a listed price of $25.43, plus a separate transaction coded “F” for 40 shares at the same price.

How many Heritage Financial Corp (HFWA) shares does William Glasby own after the reported transactions?

Following the reported transactions, William Glasby directly owned 8,955 shares of Heritage Financial Corp common stock.

What derivative securities are involved in this Heritage Financial Corp (HFWA) insider report?

The report shows restricted stock units with an exercise price of $0, where 265 units converted into common stock and 1,058 restricted stock units remained beneficially owned afterward.

On what date did the reported Heritage Financial Corp (HFWA) transactions occur?

The earliest transaction date reported is December 15, 2025.

Who is the reporting person in this Heritage Financial Corp (HFWA) insider filing and what is their role?

The reporting person is William Glasby, who serves as EVP Chief Information Officer of Heritage Financial Corp.

Is this Heritage Financial Corp (HFWA) insider filing made by more than one reporting person?

No. The form indicates it is filed by one reporting person, not by a group.