UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| ITEM 5.02 | Departure of Certain Officers; Appointment of Certain Officers |
On November 13, 2024, Heritage Commerce Corp (“Company”), the holding company for Heritage Bank of Commerce (“Bank”) issued a press release announcing the appointment of Thomas A. Sa to serve on an interim role as Chief Financial Officer effective November 18, 2024. Mr. Sa will succeed Lawrence D. McGovern, who had served as Chief Financial Officer of the Company and the Bank since July 1998. Mr. McGovern will depart on or about February 15, 2025, and will continue in a transitional role from November 18, 2024, until his departure. The terms of Mr. Sa’s employment agreement are summarized in a Current Report on Form 8-K dated October 1, 2024, which description is incorporated herein by reference.
| ITEM 7.01 | REGULATION FD DISCLOSURE |
On November 13, 2024, the Company issued a press release announcing Mr. McGovern’s departure from his roles as Chief Financial Officer of the Company and the Bank and of Mr. Sa’s interim succession to that role. A copy of the press release is attached as Exhibit 99.1 to this Current Report. In accordance with General Instruction B.2 of Form 8-K, the press release is deemed to be “furnished” and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall the press release be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
| (D) | Exhibits. |
| 99.1 | Press Release dated November 13, 2024, entitled “Heritage Commerce Corp Announces Appointment of Thomas A. Sa as Interim Chief Financial Officer” | |
| 104 | Cover Page Interactive Data File (embedded within XBRL document) | |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: November 13, 2024
| Heritage Commerce Corp | ||
| By: | /s/ Thomas A. Sa | |
| Name: | Thomas A. Sa | |
| Executive Vice President, Chief Operating Officer | ||
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