Heritage Financial (HFWA) director receives 1,999 RSUs

Rhea-AI Filing Summary

Heritage Financial Corp. director Trevor D. Dryer reported a grant of 1,999 Restricted Stock Units on June 17, 2026. These RSUs represent a compensation-related equity award, not an open-market stock purchase or sale.

Each unit is tied to the company’s common stock at a reference price of $27.52 per share, with an exercise and expiration date of May 3, 2027. Following this grant, Dryer holds 1,999 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dryer Trevor D.

Role null

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, null)

Footnotes (1)

Key Figures

RSUs granted: 1,999 units Reference price per share: $27.52 per share Underlying common stock: 1,999 shares +2 more

5 metrics

RSUs granted 1,999 units Restricted Stock Units granted to director on June 17, 2026

Reference price per share $27.52 per share Transaction price per share for RSU grant

Underlying common stock 1,999 shares Underlying Heritage Financial common stock tied to RSUs

Total RSUs after grant 1,999 units Total shares following transaction reported as 1,999

RSU exercise/expiration date May 3, 2027 Exercise date and expiration date for RSU award

Key Terms

Restricted Stock Units, Common Stock, grant/award acquisition

3 terms

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.

Common Stock financial

"underlying_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.

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/17/2026 - 04:47 PM Accepted by SEC EDGAR 06/17/2026 - 04:47 PM Learn about SEC filing dates

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^*

Dryer Trevor D.

(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)

X	Director		10% 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)

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

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	06/17/2026		A		1,999		05/03/2027	05/03/2027	Common Stock	1,999	$27.52	1,999	D

Explanation of Responses:

Remarks:

	/s/ Kaylene Lahn Attorney In Fact for Trevor D. Dyer	06/17/2026
	** 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 transaction did Heritage Financial (HFWA) report for Trevor D. Dryer?

Heritage Financial reported that director Trevor D. Dryer received a grant of 1,999 Restricted Stock Units as equity compensation. The award is recorded as an acquisition on a Form 4 filing and is not an open-market stock purchase or sale.

How many Heritage Financial (HFWA) Restricted Stock Units did Trevor Dryer receive?

Trevor Dryer received 1,999 Restricted Stock Units from Heritage Financial as a single equity award. These units represent a future right to receive common shares, subject to the plan’s terms, rather than an immediate cash transaction in the market.

What is the reference price for Trevor Dryer’s Heritage Financial (HFWA) RSU grant?

The Form 4 shows a reference price of $27.52 per share for Trevor Dryer’s 1,999 Restricted Stock Units. This figure typically reflects the grant-date fair value used for accounting, not a price he paid in an open-market transaction.

When do Trevor Dryer’s Heritage Financial (HFWA) RSUs expire or settle?

Trevor Dryer’s Restricted Stock Units have both an exercise date and expiration date listed as May 3, 2027. This date indicates when the RSUs are scheduled to convert into Heritage Financial common stock under the terms of the equity award.

How many Heritage Financial (HFWA) RSUs does Trevor Dryer hold after this transaction?

After the reported grant, Trevor Dryer holds 1,999 Restricted Stock Units directly. The Form 4 shows total shares following the transaction equal to 1,999, indicating this filing reflects his current RSU position from this award.