Former Executive Vice President and Chief Financial Officer · HERITAGE COMMERCE CORP (HTBK)

Lawrence D. McGovern

FY2024 is the first fiscal year CompBrief holds for Lawrence D. McGovern as a named executive officer of HERITAGE COMMERCE; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

Velarion Intel: free for 3 days, no card →

Total disclosed compensation, FY2024

$778,226

2nd of 7 named executive officers at Heritage Commerce by FY2024 total.

7 named officers on file for HERITAGE COMMERCE, FY2024

See an example →

What this number hides

The filing gives the total. HERITAGE COMMERCE’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Velarion Intel · free for 3 days · no card

See how HERITAGE COMMERCE’s whole pay program stands against its peers

  • HERITAGE COMMERCE’s company dashboard and its AI-written, board-ready brief, every figure cited to the filing
  • Peer-group intelligence, custom peer reruns and governance screens
  • Every other company we cover, with alerts when they file
Start my free trial on HTBK→

No card. Nothing is charged, and the trial ends on its own.

Compensation figures as of the proxy filed April 7, 2025 (DEF 14A).

Free

Get Lawrence D. McGovern’s full pay file as a PDF — free

More than this page: up to 10 years of Lawrence’s pay history, a side-by-side peer comparison, and a one-page board summary — the whole file, yours now and by email.

Also free: The Pay Desk, the weekly executive pay briefing.

Or track Lawrence D. McGovern and every company like it: Velarion Intel, free for 3 days, no card →

Lawrence D. McGovern compensation by year

HERITAGE COMMERCE Summary Compensation Table · the one fiscal year held
In US dollars, as HERITAGE COMMERCE reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024
Salary$427,421
Bonus$0
Stock awards$304,350
Option awards$0
Non-equity incentive$0
Pension and deferred compensation$18,900
All other$27,595
Total$778,226

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: HERITAGE COMMERCE CORP DEF 14A filed April 7, 2025, accession 0001104659-25-032651, and prior-year filings. Open the filing on EDGAR.

How this page was built: the HERITAGE COMMERCE CORP filed document, accession 0001104659-25-032651. Every figure is read from that document and cited to the page and table it appears in. Filed April 7, 2025.

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU34,092$319,783—
RSU28,905$271,129—
RSU5,556$52,115—

Per the Outstanding Equity Awards at Fiscal Year-End table in HERITAGE COMMERCE CORP's FY2024 proxy; value at the fiscal year-end close, as the company printed it.

HERITAGE COMMERCE’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Robertson Clay JonesPresident and Chief Executive Officer of Heritage Commerce Corp and Heritage Bank of Commerce$1,694,339
Lawrence D. McGovern · this pageFormer Executive Vice President and Chief Financial Officer$778,226
Deborah K. ReuterExecutive Vice President/Chief Risk Officer and Corporate Secretary of Heritage Commerce Corp and Heritage Bank of Commerce$735,792
Dustin M. WarfordExecutive Vice President, Chief Banking Officer of Heritage Bank of Commerce$735,114
Susan JustExecutive Vice President/Chief Credit Officer of Heritage Bank of Commerce$701,631
Glen ShuExecutive Vice President and President of Specialty Finance Group of Heritage Bank of Commerce and President of Bay View Funding$679,956
Thomas A. SaExecutive Vice President/Chief Operating Officer and Interim Chief Financial Officer of Heritage Commerce Corp and Heritage Bank of Commerce$595,687

Lawrence D. McGovern's compensation dossier, HERITAGE COMMERCE

You have read Lawrence D. McGovern's totals and holdings. The dossier adds each equity grant HERITAGE COMMERCE disclosed for Lawrence D. McGovern and HERITAGE COMMERCE's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

See an example →

The full HERITAGE COMMERCE compensation record

free company brief

This page is one person within HERITAGE COMMERCE's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the HERITAGE COMMERCE proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order HERITAGE COMMERCE's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are HERITAGE COMMERCE's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Order HTBK

Add the email the receipt and the PDF go to, then press the report you want. Each button opens its own card payment on Stripe.

Receipt, invoice, and report delivery. Guest checkout, no account required, secure payment by Stripe.

Lawrence D. McGovern's compensation dossier