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Company Analysis

HTBK Insider Trading

HERITAGE COMMERCE CORP | State Commercial Banks

Comprehensive Trading Performance Summary

The investment history of corporate insiders at HERITAGE COMMERCE CORP provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the State Commercial Banks sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2008-05-27 21:48 2008-05-23 MCGOVERN LAWRENCE D Officer - Chief Financial Officer SELL $15.59 2,000 $31,171 16,950 -10.6%
2008-05-22 20:36 2008-05-21 MCGOVERN LAWRENCE D Officer - Chief Financial Officer SELL $15.36 5,000 $76,790 13,650 -26.8%
2008-05-22 20:35 2008-05-20 MCGOVERN LAWRENCE D Officer - Chief Financial Officer SELL $15.46 5,000 $77,311 10,650 -31.9%
2008-05-19 20:41 2008-05-15 Conner Jack W Director BUY $15.83 1,500 $23,743 45,000 +3.4%
2008-05-13 02:02 2008-05-09 Webster Ranson W Director BUY $16.20 1,183 $19,165 1,183 +100.0%
2008-05-10 02:00 2008-05-08 Webster Ranson W Director BUY $16.33 2,417 $39,467 2,417 +100.0%
2008-05-08 23:41 2008-05-07 Conner Jack W Director BUY $16.83 2,500 $42,069 43,500 +6.1%
2008-03-14 01:43 2008-03-12 MCGOVERN LAWRENCE D Officer - Chief Financial Officer SELL $17.09 5,500 $94,008 6,650 -45.3%
2008-03-05 01:28 2008-03-04 Conner Jack W Director BUY $15.63 4,000 $62,525 41,000 +10.8%
2008-02-06 02:22 2008-02-05 Conner Jack W Director BUY $18.58 500 $9,290 2,700 +22.7%
2007-11-21 03:04 2007-11-20 Webster Ranson W Director BUY $16.66 8,500 $141,600 447,698 +1.9%
2007-11-20 02:44 2007-11-19 Webster Ranson W Director BUY $16.61 3,056 $50,751 439,198 +0.7%
2007-11-19 22:33 2007-11-16 Webster Ranson W Director BUY $16.98 6,142 $104,280 436,142 +1.4%
2007-11-09 20:40 2007-11-07 Kaczmarek Walter Theodore Director, Officer - CEO and President BUY $15.65 6,000 $93,877 57,000 +11.8%
2007-11-07 22:38 2007-11-06 Conner Jack W Director BUY $16.64 5,000 $83,220 37,000 +15.6%
2007-09-14 02:52 2007-09-13 POLANEN HUMPHREY P Director SELL $21.31 5,000 $106,535 12,765 -28.1%
2007-09-11 20:59 2007-09-11 Conner Jack W Director BUY $21.28 700 $14,899 2,200 +46.7%
2007-09-06 23:45 2007-09-05 MCGOVERN LAWRENCE D Officer - Chief Financial Officer SELL $21.15 2,980 $63,030 4,150 -41.8%
2007-09-04 23:36 2007-09-04 Kaczmarek Walter Theodore Director, Officer - CEO and President BUY $21.01 5,000 $105,065 25,000 +25.0%
2007-08-28 02:24 2007-08-24 BLAIR JAMES R Director BUY $21.50 160 $3,440 160 +100.0%
2007-08-14 19:34 2007-08-10 Mayer James A Officer - Executive Vice President SELL $20.52 5,958 $122,258 52,932 -10.1%
2007-08-13 19:57 2007-08-10 Conner Jack W Director BUY $20.87 5,000 $104,350 32,000 +18.5%
2007-06-15 00:13 2007-06-14 Conner Jack W Director BUY $24.21 300 $7,263 300 +100.0%
2007-06-12 21:19 2007-06-11 Conner Jack W Director BUY $23.81 2,500 $59,526 1,500 +100.0%
2007-06-12 00:09 2007-06-08 Conner Jack W Director BUY $23.55 1,000 $23,550 26,000 +4.0%
2007-06-08 00:18 2007-06-07 Conner Jack W Director BUY $23.85 3,000 $71,555 25,000 +13.6%
2007-06-07 00:21 2007-06-06 Conner Jack W Director BUY $23.84 1,000 $23,844 22,000 +4.8%
2007-06-06 00:01 2007-06-05 Conner Jack W Director BUY $23.84 1,000 $23,844 21,000 +5.0%
2007-06-02 00:58 2007-06-01 Conner Jack W Director BUY $24.15 1,000 $24,153 20,000 +5.3%
2007-05-25 02:18 2007-05-23 Conner Jack W Director BUY $23.98 1,000 $23,980 19,000 +5.6%
2007-05-17 00:07 2007-05-16 Conner Jack W Director BUY $23.74 1,000 $23,744 18,000 +5.9%
2007-05-11 00:18 2007-05-10 Kaczmarek Walter Theodore Director, Officer - CEO and President BUY $23.92 6,000 $143,520 20,000 +42.9%
2007-05-09 02:12 2007-05-08 Conner Jack W Director BUY $23.76 1,000 $23,760 17,000 +6.3%
2007-05-08 03:12 2007-05-04 Conner Jack W Director BUY $24.06 2,000 $48,120 16,000 +14.3%
2007-03-16 20:49 2007-03-14 POLANEN HUMPHREY P Director SELL $25.02 6,600 $165,132 12,765 -34.1%
2007-03-14 19:57 2007-03-14 Kaczmarek Walter Theodore Director, Officer - CEO and President BUY $24.81 4,000 $99,240 14,000 +40.0%
2007-03-14 19:54 2007-03-13 Conner Jack W Director BUY $24.87 2,000 $49,740 14,000 +16.7%
2007-03-01 20:38 2007-02-28 TOENISKOETTER CHARLES J Director SELL $25.41 764 $19,413 11,000 -6.5%
2007-02-28 21:31 2007-02-28 Conner Jack W Director BUY $24.83 2,000 $49,660 12,000 +20.0%
2007-02-28 21:30 2007-02-27 Conner Jack W Director BUY $25.27 2,000 $50,540 10,000 +25.0%
2007-02-23 02:47 2007-02-21 TOENISKOETTER CHARLES J Director SELL $26.68 1,000 $26,683 11,764 -7.8%
2006-09-06 01:53 2006-09-01 MCGOVERN LAWRENCE D Officer - Chief Financial Officer SELL $23.41 3,000 $70,220 1,650 -64.5%
2006-08-25 02:32 2006-08-24 PECKHAM JACK L Director SELL $23.04 5,000 $115,200 111,934 -4.3%
2006-08-25 02:32 2006-08-24 Conner Jack W Director BUY $23.11 1,000 $23,110 8,000 +14.3%
2006-06-08 20:22 2006-06-08 Kaczmarek Walter Theodore Director, Officer - CEO and President BUY $23.08 2,000 $46,158 10,000 +25.0%
2006-05-24 23:47 2006-05-23 PECKHAM JACK L Director SELL $24.24 5,000 $121,200 116,934 -4.1%
2006-03-17 01:32 2006-03-15 TOENISKOETTER CHARLES J Director SELL $23.66 494 $11,689 12,764 -3.7%
2006-03-10 20:35 2006-03-06 CORSELLO KENNETH A Officer - Chief Credit Officer SELL $23.00 2,500 $57,500 34,391 -6.8%
2006-03-07 21:58 2006-03-06 Kaczmarek Walter Theodore Director, Officer - CEO and President BUY $23.00 8,000 $183,976 8,000 +100.0%
2006-02-21 21:08 2006-02-17 POLANEN HUMPHREY P Director SELL $22.78 1,343 $30,594 12,765 -9.5%
SHOW ENTRIES

How to Interpret $HTBK Trades

Not every insider transaction in HERITAGE COMMERCE CORP is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $HTBK shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for HTBK

Insider activity data for HERITAGE COMMERCE CORP is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $HTBK, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.