secwatch.observer — SEC 8-K summary
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Issuer:     HERITAGE FINANCIAL CORP /WA/ (HFWA)
CIK:        0001046025
Form:       8-K
Filed at:   2022-09-28T23:59:59+00:00
Accession:  0001046025-22-000138
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Financial CBO Cindy Hirman to retire April 3, 2023; transition agreement signed
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- Chief Banking Officer Cindy M. Hirman will retire effective April 3, 2023, with a transition period starting January 1, 2023.
- She works full-time through Dec 31, 2022 at $292,764 annual salary; then part-time at $175,658 annual salary.
- Eligible for 2022 performance bonus and deferred comp contribution; no 2023 bonus or deferred comp.
- Outstanding equity awards continue vesting through retirement; no future equity grants.
- If terminated without cause before retirement, payments continue as if employed through retirement date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046025/000104602522000138/0001046025-22-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046025/000104602522000138/hfwa-20220926.htm
  HTML page:      https://secwatch.observer/filing/0001046025-22-000138

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