Robison Sabrina C reported acquisition or exercise transactions in this Form 4 filing.
Heritage Financial Corp reported that EVP Chief HR Officer Sabrina C. Robison received a grant of 4,860 restricted stock units on February 25, 2026, at a reference price of $27.54 per unit. The award vests ratably over three years, with final vesting on March 15, 2029.
Heritage Financial Corporation files its annual report describing a relationship-focused community banking franchise centered on commercial lending and deposits across Washington, Oregon and Idaho. The company operates Heritage Bank with 50 branches and recently added 16 Kitsap Bank branches through the acquisition of Olympic Bancorp.
On January 31, 2026, Heritage completed the Olympic Bancorp acquisition for approximately $185.0 million in stock, issuing 7,167,600 Heritage shares. At closing, Olympic contributed about $1.6 billion in assets, $0.9 billion in loans and $1.4 billion in deposits, significantly expanding the balance sheet and footprint.
Heritage emphasizes asset quality, conservative underwriting and deposit-funded growth. At December 31, 2025, commercial business loans totaled $3.91 billion (81.7% of loans), construction and land development loans were $343.3 million, and residential real estate loans were $358.8 million. Non-maturity deposits were 84.1% of total deposits, supporting loan growth with stable funding.
Liquidity and capital positions are highlighted as strategic strengths. At year-end 2025, on-balance-sheet liquidity included $233.1 million in cash and cash equivalents and $1.28 billion in investment securities. Consolidated regulatory ratios showed a common equity tier 1 ratio of 12.7%, leverage ratio of 10.8%, Tier 1 ratio of 13.1% and total capital ratio of 14.1%, all above well-capitalized thresholds.
Heritage Financial Corp executive Tony Chalfant reported an open-market sale of company stock. On 02/11/2026, the EVP Chief Credit Officer sold 4,668 shares of Heritage Financial Corp common stock at a price of $27.6488 per share. Following this transaction, Chalfant directly beneficially owned 19,870 shares of Heritage Financial Corp common stock.
HFWA filed a notice of proposed sale of 4,668 shares of its common stock under Rule 144. The shares have an aggregate market value of 129,064.60 and are planned to be sold on NASDAQ around 02/11/2026 through Morgan Stanley Smith Barney LLC Executive Financial Services.
The 4,668 shares come from restricted stock and performance share awards granted between 2020 and 2024 by the issuer. The seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
Heritage Financial Corp director Frederick B. Rivera reported a sale of company stock. On February 3, 2026, he sold 1,800 shares of Common Stock at an average price of $26.3053 per share. After this transaction, he directly holds 4,972 shares of Heritage Financial Corp common stock.
HFWA has a Form 144 notice for a planned stock sale. A holder filed to sell 1,800 shares of HFWA common stock through Morgan Stanley Smith Barney on the NASDAQ exchange, with an aggregate market value of $47,349.54 and 33,956,738 shares outstanding.
The shares come from two restricted stock acquisitions from the issuer, 900 shares on 05/03/2022 and 900 shares on 05/01/2024, both fully paid in stock rather than cash. By signing the notice, the seller represents they are not aware of any undisclosed material adverse information about HFWA’s current or prospective operations.
Heritage Financial Corporation completed its previously announced acquisition of Olympic Bancorp, Inc. on January 31, 2026. Olympic merged into Heritage Financial, and immediately afterward Kitsap Bank, Olympic’s banking subsidiary, merged into Heritage Bank, which continues as the surviving bank.
Under the merger agreement, each outstanding share of Olympic capital stock was converted into the right to receive 45.0 shares of Heritage Financial common stock, with cash paid instead of any fractional shares. Existing Heritage Financial common shares were unchanged by the transaction. Heritage plans to file audited financial statements of the acquired business and unaudited pro forma financial information in a later amendment.
Jennison Associates LLC filed an amended Schedule 13G reporting its beneficial ownership of common stock of Heritage Financial Corp as of 12/31/2025. Jennison reports beneficial ownership of 3,107,165 shares, representing 9.2% of Heritage Financial's common stock, with sole voting power over these shares and shared dispositive power.
The firm certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Heritage Financial.
Heritage Financial Corp executive Kelli Ann Wilson reported a stock sale. On 01/26/2026, the EVP Chief Banking Officer sold 1,900 shares of Heritage Financial Corp common stock in an open market transaction coded as "S" at a price of $26.4775 per share. After this sale, she directly owned 3,778 shares of the company’s common stock. The filing lists her ownership as direct, with no derivative securities reported.
A stockholder of HFWA filed a Form 144 notice covering the proposed sale of 1,900 shares of common stock through Morgan Stanley Smith Barney LLC on the NASDAQ market, with an aggregate market value of 50307.25. The table lists total shares outstanding as 33956738 at the time of the notice.
The shares to be sold were acquired as restricted stock awards from the issuer on three dates: 763 shares on 03/15/2024, 454 shares on 06/15/2023, and 683 shares on 03/15/2023, each noted as fully paid on the grant date with no additional payment terms. The signer represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.