STOCK TITAN

Director at Heritage Financial (HFWA) receives 1,999 RSUs grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Heritage Financial Corp. director Kimberly T. Ellwanger received a grant of 1,999 Restricted Stock Units. Each unit represents the right to receive one share of common stock, with a reference price of $27.52 per share.

The RSUs are scheduled to convert into common stock on May 3, 2027, which is also listed as their expiration date. After this compensation-related award, Ellwanger holds 1,999 RSUs directly, and the filing reports no open-market purchases or sales.

Positive

  • None.

Negative

  • None.
Insider Ellwanger Kimberly T
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,999 $27.52 $55K
Holdings After Transaction: Restricted Stock Units — 1,999 shares (Direct)
Footnotes (1)
RSUs granted 1,999 units Restricted Stock Units grant to director on June 17, 2026
Reference price per RSU $27.52 per unit Grant price for Restricted Stock Units
Underlying common shares 1,999 shares Common stock tied to granted RSUs
Holdings after transaction 1,999 RSUs Total RSUs directly held following the award
Exercise date May 3, 2027 Scheduled RSU exercise date
Expiration date May 3, 2027 RSU expiration date
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
underlying security financial
"underlying_security_title: "Common Stock""

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did HFWA director Kimberly Ellwanger report?

Kimberly T. Ellwanger reported receiving 1,999 Restricted Stock Units as a compensation grant. These RSUs give her the right to receive 1,999 shares of Heritage Financial common stock, subject to the terms and dates disclosed in the Form 4.

How many Heritage Financial (HFWA) RSUs were granted in this Form 4?

The Form 4 shows a grant of 1,999 Restricted Stock Units. Each unit is tied to one share of Heritage Financial common stock, creating a potential future issuance of 1,999 shares if all units convert as described.

Was this HFWA Form 4 an open-market buy or sell of shares?

No, the Form 4 reflects a grant of Restricted Stock Units, not an open-market trade. The transaction is coded as a grant or award acquisition, indicating compensation rather than a discretionary stock purchase or sale in the market.

What price is associated with the HFWA Restricted Stock Units granted?

The RSU grant lists a price of $27.52 per unit. This figure serves as the reference price for the award and does not indicate that shares were bought or sold at that price in the open market on the transaction date.

When do Kimberly Ellwanger’s HFWA RSUs convert or expire?

The RSUs show both an exercise date and an expiration date of May 3, 2027. On that date, subject to the plan’s conditions, the units are scheduled to convert into Heritage Financial common shares or otherwise terminate under the award terms.
SEC Form 4
FORM 4UNITED 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*
Ellwanger Kimberly T

(Last)(First)(Middle)
PO BOX 1578

(Street)
OLYMPIA WASHINGTON 98507

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$006/17/2026A1,99905/03/202705/03/2027Common Stock1,999$27.521,999D
Explanation of Responses:
Remarks:
/s/ Kaylene Lahn as Attorney in Fact for Kimberly T. Ellwanger06/17/2026
** Signature of Reporting PersonDate
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)