Heritage Financial (HFWA) CIO awarded 5,538 restricted stock units as equity pay

Rhea-AI Filing Summary

Glasby William reported acquisition or exercise transactions in this Form 4 filing.

Heritage Financial Corp. executive vice president and chief information officer William Glasby received a grant of 5,538 restricted stock units of company stock. The award was granted at no cost to him and will vest in equal installments over three years, with final vesting on March 15, 2029. After this grant, he holds 5,538 restricted stock units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Glasby William

Role EVP Chief Information Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	5,538	$27.54	$153K

Holdings After Transaction: Restricted Stock Units — 5,538 shares (Direct)

Footnotes (1)

1. RSU Grant 2026 $0.00 3 year ratable vesting with final vesting on March 15, 2029

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/27/2026 - 03:52 PM Learn about SEC filing dates

FAQ

What insider transaction did HFWA executive William Glasby report?

William Glasby reported receiving a grant of 5,538 restricted stock units in Heritage Financial Corp. This is equity-based compensation, not an open-market stock purchase, and represents a direct award of potential future shares in the company.

Was cash paid for the 5,538 HFWA restricted stock units granted to William Glasby?

No cash was paid for this award; it was granted at a price of $0.00 per unit. This indicates the restricted stock units are part of compensation rather than a transaction where the executive bought shares in the open market.

How do the HFWA restricted stock units granted to William Glasby vest?

The restricted stock units vest over a three-year period, with final vesting on March 15, 2029. This ratable vesting schedule means portions of the grant become non-forfeitable each year until the full award is vested.

What is William Glasby’s HFWA position related to this Form 4 filing?

William Glasby serves as executive vice president and chief information officer of Heritage Financial Corp. The Form 4 filing reports an equity compensation grant tied to his role as a senior officer of the company, not a discretionary stock purchase or sale.

How many HFWA restricted stock units does William Glasby hold after this grant?

After the reported transaction, William Glasby directly holds 5,538 restricted stock units of Heritage Financial Corp. These units represent a right to receive shares in the future, subject to the award’s vesting conditions being satisfied over time.

Is the HFWA Form 4 for William Glasby a buy or sell transaction?

The Form 4 reflects an acquisition through a grant of restricted stock units, not a market buy or sell. The transaction is coded as a grant, award, or other acquisition, indicating compensation rather than a voluntary trade in the company’s shares.

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)
02/25/2026

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

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(1)	(2)	02/25/2026		A		5,538		03/15/2027	03/15/2029(3)	Common Stock	5,538	$27.54	5,538	D

Explanation of Responses:

1. RSU Grant 2026

2. $0.00

3. 3 year ratable vesting with final vesting on March 15, 2029

Remarks:

	/s/Kaylene Lahn Attorney in Fact for William Glasby	02/27/2026
	** 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.
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