Heritage Commerce EVP granted 14,069 RSUs

HERITAGE COMMERCE CORP reported that EVP/Chief Credit Officer Susan Svensson acquired 14,069 restricted stock units on March 5, 2026 as an equity award.

Rhea-AI Filing Summary

HERITAGE COMMERCE CORP reported that EVP/Chief Credit Officer Susan Svensson acquired 14,069 restricted stock units on March 5, 2026 as an equity award. Each restricted stock unit represents a right to receive one share of Heritage Commerce common stock.

The restricted stock units vest annually in three equal installments starting on March 5, 2027, with additional tranches vesting on March 5, 2028 and March 5, 2029. The filing also lists Svensson's existing holdings in performance-based restricted stock units, time-based restricted stock units, and common stock.

Insider Trade Summary

Grant/Award: 14,069 shares

Grant/Award 6 txns

Insider Just Susan Svensson

Role EVP/Chief Credit Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	14,069	$0.00	$0.00
holding	Performance-Based Restricted Stock Unit	--	--	--
holding	Restricted Stock Unit	--	--	--
holding	Performance-Based Restricted Stock Unit	--	--	--
holding	Restricted Stock Unit	--	--	--
holding	Common Stock, No Par Value	--	--	--

Holdings After Transaction: Restricted Stock Unit — 23,844 contracts for 9,775 underlying shares (Direct); Performance-Based Restricted Stock Unit — 20,889 contracts (Direct); Common Stock, No Par Value — 13,736 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a right to receive one share of Issuer common stock.
2. F2. The restricted stock units vest annually in three equal installments commencing March 5, 2027, the first anniversary of the holder's grant date. The second tranche will vest on 3/5/2028. The remaining RSUs will vest on 3/5/2029.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did HTBK report for Susan Svensson on this Form 4?

Heritage Commerce Corp reported an equity grant to Susan Svensson. She received 14,069 restricted stock units on March 5, 2026, as an award, with no purchase price. The filing also updates her existing restricted stock unit and common stock holdings.

How many HTBK restricted stock units were granted to Susan Svensson?

Susan Svensson was granted 14,069 restricted stock units. These units were awarded on March 5, 2026, and each unit represents a right to receive one share of Heritage Commerce common stock, subject to the vesting schedule described in the filing footnotes.

What is the vesting schedule for Susan Svensson’s new HTBK restricted stock units?

The 14,069 restricted stock units vest in three equal annual installments. Vesting begins on March 5, 2027, the first anniversary of the grant date, with additional installments scheduled for March 5, 2028 and March 5, 2029, contingent on continued service and plan terms.

What does each HTBK restricted stock unit granted to Susan Svensson represent?

Each restricted stock unit represents one share of common stock. The filing states that every unit is a right to receive a share of Heritage Commerce Corp common stock upon vesting, aligning executive compensation with shareholder interests over the vesting period.

Does the HTBK Form 4 show any stock sales by Susan Svensson?

The Form 4 does not report any stock sales by Susan Svensson. It primarily records the grant of 14,069 restricted stock units and updates her post-transaction holdings in restricted stock units and common stock, with no sell transactions identified in the summarized data.

What positions and securities holdings does Susan Svensson have at HTBK?

Susan Svensson serves as EVP/Chief Credit Officer at Heritage Commerce. The Form 4 reports her newly granted 14,069 restricted stock units, along with existing performance-based restricted stock units, time-based restricted stock units, and directly held common stock positions following the reported transactions.

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

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Accepted by SEC EDGAR 03/09/2026 - 08:23 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^*

Just Susan Svensson

(Last) (First) (Middle)

224 AIRPORT PARKWAY

(Street)

SAN JOSE CA 95110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HERITAGE COMMERCE CORP [ HTBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP/Chief Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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
Common Stock, No Par Value								13,736	D

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 Unit	$0(1)	03/05/2026		A		14,069		03/05/2027(2)	03/05/2029(2)	Common Stock, No Par Value	14,069	$0	14,069	D
Performance-Based Restricted Stock Unit	$0							03/08/2027	03/08/2027	Common Stock, No Par Value	12,458		12,458	D
Restricted Stock Unit	$0							03/08/2025	03/08/2027	Common Stock, No Par Value	4,153		4,153	D
Performance-Based Restricted Stock Unit	$0							03/10/2028	03/10/2028	Common Stock, No Par Value	8,431		8,431	D
Restricted Stock Unit	$0							03/10/2026	03/10/2028	Common Stock, No Par Value	5,622		5,622	D

Explanation of Responses:

1. Each restricted stock unit represents a right to receive one share of Issuer common stock.

2. The restricted stock units vest annually in three equal installments commencing March 5, 2027, the first anniversary of the holder's grant date. The second tranche will vest on 3/5/2028. The remaining RSUs will vest on 3/5/2029.

Remarks:

	/s/Janisha Sabnani as Attorney-in-Fact for Susan Svensson Just	03/09/2026
	** 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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