HFWA Reports Executive Changes & Compensation Arrangements

Ticker: HFWA · Form: 8-K · Filed: Feb 7, 2024 · CIK: 1046025

Heritage Financial Corp /Wa/ 8-K Filing Summary
FieldDetail
CompanyHeritage Financial Corp /Wa/ (HFWA)
Form Type8-K
Filed DateFeb 7, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: executive-changes, compensation, corporate-governance

TL;DR

**HFWA just reported executive and compensation changes, watch for strategic shifts.**

AI Summary

HERITAGE FINANCIAL CORP /WA/ (HFWA) filed an 8-K on February 7, 2024, reporting events from February 6, 2024, concerning changes in director or officer departures, elections, appointments, and compensatory arrangements. This filing indicates potential shifts in leadership or executive compensation, which could impact the company's strategic direction and financial performance. Investors should pay attention to the specific details of these changes, as they can influence future operational efficiency and shareholder value.

Why It Matters

Changes in executive leadership and compensation can signal strategic shifts or efforts to retain key talent, directly impacting the company's future performance and investor confidence.

Risk Assessment

Risk Level: medium — Changes in leadership and compensation can introduce uncertainty, but the specific details are not yet public, making the immediate impact unclear.

Analyst Insight

Investors should monitor future filings or company announcements for specific details on the executive changes and compensation arrangements to assess their potential impact on the company's strategy and financial outlook.

Key Numbers

  • 0001046025-24-000008 — Accession Number (Unique identifier for the filing)
  • 16 — Public Document Count (Number of documents in the filing)
  • 20240206 — Conformed Period of Report (The period to which the reported events pertain)
  • 000-29480 — SEC File Number (The company's SEC registration number)

Key Players & Entities

  • HERITAGE FINANCIAL CORP /WA/ (company) — registrant
  • 000-29480 (dollar_amount) — Commission File Number
  • 91-1857900 (dollar_amount) — I.R.S. Employer Identification No.
  • February 6, 2024 (date) — Date of earliest event reported
  • February 7, 2024 (date) — Filed as of date

Forward-Looking Statements

  • HERITAGE FINANCIAL CORP /WA/ will announce specific details regarding the executive changes and compensatory arrangements in a subsequent filing or press release. (HERITAGE FINANCIAL CORP /WA/) — medium confidence, target: Q1 2024

FAQ

What specific events did HERITAGE FINANCIAL CORP /WA/ report in this 8-K filing?

HERITAGE FINANCIAL CORP /WA/ reported events related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits' as of February 6, 2024.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on February 6, 2024.

What is the trading symbol for HERITAGE FINANCIAL CORP /WA/?

The trading symbol for HERITAGE FINANCIAL CORP /WA/ is HFWA, and its common stock is registered on NASDAQ.

What is the business address of HERITAGE FINANCIAL CORP /WA/ as stated in the filing?

The business address of HERITAGE FINANCIAL CORP /WA/ is 201 Fifth Avenue SW, Olympia WA, 98501.

What is the Central Index Key (CIK) for HERITAGE FINANCIAL CORP /WA/?

The Central Index Key (CIK) for HERITAGE FINANCIAL CORP /WA/ is 0001046025.

Filing Stats: 541 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-02-07 15:42:28

Filing Documents

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits The following exhibit is being filed herewith and this list shall constitute the exhibit index: Exhibit 99.1 Press Release issued on February 7, 2024 announcing the resignation of Eric K. Chan

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HERITAGE FINANCIAL CORPORATION Date: February 7, 2024 /S/ JEFFREY J. DEUEL Jeffrey J. Deuel President and Chief Executive Officer (Duly Authorized Officer)

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