Abate Christopher J 4
4 · HERITAGE COMMERCE CORP · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Heritage Commerce (HTBK) Director Christopher Abate Receives 4,022-Share Award
What Happened
Christopher J. Abate, a director of Heritage Commerce Corp (HTBK), was granted 4,022 shares as a restricted stock award on 2026-03-05. The filing reports the shares were acquired at $0.00 (transaction code A — award/grant). The reported award is compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-05; Filing date: 2026-03-09 (filed within the Form 4 deadline).
- Shares granted: 4,022; Acquisition price per share reported: $0.00.
- Vesting: Footnote F1 — the restricted stock award vests on the first anniversary of the grant date, subject to continuous employment.
- Shares owned after the transaction: not provided in the material you supplied (see full Form 4 for current holdings).
- Transaction code: A (award/grant). No sale or market purchase reported.
Context
Restricted stock awards are commonly used for executive/director compensation and retention; because these shares vest in the future, they do not represent an immediate open-market purchase or sale. For complete ownership context and any tax-withholding or subsequent disposition, review the full Form 4 filing.
Insider Transaction Report
- Award
Common Stock, No Par Value
[F1]2026-03-05+4,022→ 6,980 total
Footnotes (1)
- [F1]Restricted stock award vests at the first anniversary of the grant date, subject to continuous employment with the company.