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Heritage Financial (HFWA) awards 1,999 RSUs to director Ann Watson

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(Neutral)
Form Type
4

Rhea-AI Filing Summary

Watson Ann reported acquisition or exercise transactions in this Form 4 filing.

Heritage Financial Corp. director Ann Watson received a grant of 1,999 Restricted Stock Units (RSUs) tied to the company’s common stock. The award is reported at $27.52 per unit and brings her directly held RSU balance to 1,999. This is a compensation-related grant, not an open‑market share purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Watson Ann
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)
RSUs granted 1,999 units Restricted Stock Units granted to director Ann Watson
Reported RSU value $27.52 per unit Transaction price per Restricted Stock Unit
RSUs after transaction 1,999 units Total RSUs held following the grant
Underlying common shares 1,999 shares Underlying Heritage Financial common stock linked to RSUs
Exercise/expiration date May 3, 2027 Exercise and expiration date for the RSUs
Exercise price $0.00 Conversion or exercise price for the RSUs
Restricted Stock Units financial
"Security title is reported as 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 is classified as a grant/award acquisition."
underlying security financial
"The RSUs reference an underlying security titled Common Stock."
conversion or exercise price financial
"The conversion or exercise price for the RSUs is reported as 0.0000."

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

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FAQ

What insider transaction did HFWA director Ann Watson report?

Ann Watson reported receiving 1,999 Restricted Stock Units as a compensation grant. These RSUs are tied to Heritage Financial Corp.’s common stock and are reported at $27.52 per unit, increasing her directly held RSU balance to 1,999 following the transaction.

Was Ann Watson’s HFWA transaction a stock purchase or sale?

The transaction was not a market purchase or sale. It was a compensation-related grant classified as an acquisition of 1,999 Restricted Stock Units, reported under code “A” for grant, award, or other acquisition, with no open-market buying or selling activity disclosed.

How many Heritage Financial RSUs does Ann Watson hold after this filing?

After this grant, Ann Watson holds 1,999 Restricted Stock Units directly. The filing shows total RSUs following the transaction equal to the 1,999-unit award, indicating this grant establishes her disclosed RSU position associated with Heritage Financial common stock.

What is the reported value per unit in Ann Watson’s HFWA RSU grant?

The RSU grant is reported at $27.52 per unit. This value is used for reporting purposes in the Form 4 and is tied to 1,999 Restricted Stock Units that each reference an equivalent number of Heritage Financial Corp. common shares.

When do Ann Watson’s newly granted HFWA RSUs vest or expire?

The RSUs carry an exercise and expiration date of May 3, 2027. This date in the filing reflects when the Restricted Stock Units are scheduled in relation to Heritage Financial Corp. common stock, defining the period over which the award may vest or be settled.

Does the HFWA Form 4 show any remaining derivative positions for Ann Watson?

The filing’s derivative summary is empty aside from this grant. That indicates no additional derivative positions, such as options or other RSUs, are reported for Ann Watson in this Form 4 beyond the newly awarded 1,999 Restricted Stock Units tied to common stock.
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*
Watson Ann

(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 Attorney in Fact for Ann Watson06/17/2026
** 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)