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Jones Robertson Clay Jr., President and CEO of Heritage Commerce Corp (NASDAQ:HTBK), recently executed a series of transactions involving the company’s common stock. On March 10, Clay sold 5,145 shares at an average price of $9.73 per share, totaling approximately $50,063. According to InvestingPro analysis, HTBK is currently trading below its Fair Value, with the stock showing a 17% total return over the past year. Following this sale, Clay’s direct ownership in the company stands at 254,227 shares.
Additionally, on March 8, Clay acquired 13,212 shares through the exercise of restricted stock units, and an additional 721 shares were acquired as stock dividends. These acquisitions were made at no cost, as part of his compensation package.
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