secwatch.observer — SEC 8-K summary
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Issuer:     HERITAGE COMMERCE CORP (—)
CIK:        0001053352
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001193125-26-167257
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Commerce Corp merges into CVB Financial Corp; Heritage common converted to 0.65 CVBF shares
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- Merger closed on April 16/17, 2026; each Heritage share converted into 0.65 shares of CVBF common stock.
- All Heritage directors and officers ceased; Clay Jones named President of CVBF, reporting to CEO David Brager.
- Julianne Biagini-Komas joined CVBF board; Heritage common stock delisted from Nasdaq effective April 20, 2026.
- Outstanding stock options and certain awards either cashed out or converted into CVBF restricted stock units.
- Pre-closing bonuses and severance payments made to Heritage named executive officers per Merger Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1053352/000119312526167257/0001193125-26-167257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1053352/000119312526167257/d143924d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-167257

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