---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-004511"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:32:17.076345+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial completes acquisition of Olympic Bancorp, issuing ~7.17M shares

## Summary
- Merger completed January 31, 2026; Olympic merged into Heritage, Kitsap Bank into Heritage Bank.
- Each Olympic share exchanged for 45.0 Heritage shares; cash paid for fractional shares.
- Approximately 7,167,600 Heritage shares issued as total consideration.
- Heritage President and CEO Bryan McDonald welcomed Kitsap Bank customers and employees.
- Financial statements and pro forma data to be filed within 71 days of the 8-K.

## SEC filing metadata
- accession: 0001628280-26-004511
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000162828026004511/0001628280-26-004511-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000162828026004511/hfwa-20260131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-004511
- JSON: https://secwatch.observer/filing/0001628280-26-004511.json
- Plain text: https://secwatch.observer/filing/0001628280-26-004511.txt

## Source-grounded claims
- claim_id: 18dfdeb00a132b89ee705ce11820a278ef1cd06e
  claim: HERITAGE FINANCIAL CORP /WA/ completed an acquisition involving Olympic Bancorp, Inc. for 45.0 shares of the Company's common stock (closed 2026-01-31).
  evidence_excerpt: of the Merger Agreement, as of the Effective Time, each outstanding share of Olympic cap stock was automatically converted as a result of the Merger into the right to receive 45.0 shares of the Company’s common stock, with cash to be paid in lieu of fractional shares. Each outstanding share of the Company’s common stock remains outstanding and was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046025/000162828026004511/0001628280-26-004511-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.