What This Heritage Financial Insider Move Signals With the Stock Up 20%
William Glasby exercised options and sold shares to cover tax withholding, retaining 22,344 shares and 3,692 derivative securities worth $681,938.
Overview
William Glasby, the chief information officer of Heritage Financial Corporation (NASDAQ:HFWA), reported a disposition of 3,379 shares of the company on July 17, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($30.52); post-transaction value based on July 17, 2026 market close ($30.52).
Details
Heritage Financial Corporation is a regional bank holding company with approximately $1.0 billion in market capitalization and 755 employees, headquartered in Olympia. The institution has demonstrated solid financial performance with TTM net income of $72.6 million on revenue of $266.5 million, reflecting a net profit margin of approximately 20.5%. The company's one-year stock gain of 20% indicates positive investor sentiment and operational momentum within the regional banking sector.
Source
Originally published at www.fool.com.