Form 4 Filing for Heritage Commerce Corp (HTBK)

2026-04-17SEC Filing 4 (0001104659-26-045018)

This filing reports transactions by Sutton Marina Park, a director of Heritage Commerce Corp (HTBK). On April 17, 2026, 123,994 shares of common stock were disposed of with no value received, as part of a merger with CVB Financial Corp. (CVBF). This merger, effective April 17, 2026, involved an exchange ratio of 0.65 shares of CVBF common stock for each share of HTBK common stock. Restricted stock awards also accelerated and were converted into the merger consideration. Additionally, employee stock options were cancelled and settled in cash, with the cash-out price determined by the 20-day volume-weighted average closing price of CVBF common stock prior to closing, less applicable taxes and exercise price.