Matthew Ray compensation by year
Heritage Financial Summary Compensation Table · all 2 fiscal years held| Component | FY2023 | FY2025 |
|---|---|---|
| Salary | $301,515 | $372,130 |
| Bonus | $0 | $0 |
| Stock awards | $206,189 | $147,361 |
| Option awards | $0 | $0 |
| Non-equity incentive | $86,535 | $180,063 |
| Pension and deferred compensation | $0 | $0 |
| All other | $10,670 | $11,205 |
| Total | $604,909 | $710,759 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Heritage Financial Corp DEF 14A filed March 20, 2026, accession 0001628280-26-019987, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Heritage Financial Corp filed document, accession 0001628280-26-019987. Every figure is read from that document and cited to the page and table it appears in. Filed March 20, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 4,244 | $100,371 | — |
| RSU | 3,332 | $78,802 | — |
| RSU | 3,328 | $78,707 | — |
| PSU | 3,004 | $71,045 | — |
| RSU | 3,004 | $71,045 | — |
| RSU | 1,512 | $35,759 | — |
| RSU | 662 | $15,656 | — |
| RSU | 310 | $7,332 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Heritage Financial Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
1 Form 4 line since the FY2025 proxy (filed March 20, 2026)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-08-13 | Sale | — | 3,692 | $30.10 | 22,735 |
The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Heritage Financial’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Bryan McDonald | President and Chief Executive Officer of Heritage Financial Corporation and Heritage Bank | $1,345,480 |
| Jeffrey Deuel | Retired Chief Executive Officer of Heritage Financial Corporation | $1,012,243 |
| Donald Hinson | Executive Vice President and Chief Financial Officer of Heritage Financial Corporation and Heritage Bank | $922,334 |
| Tony Chalfant | Executive Vice President and Chief Credit Officer of Heritage Financial Corporation and Heritage Bank | $796,409 |
| Matthew Ray · this page | Executive Vice President and Chief Lending Officer of Heritage Financial Corporation and Heritage Bank | $710,759 |
| Nicholas Bley | Executive Vice President of Heritage Financial Corporation and Executive Vice President and Chief Operating Officer of Heritage Bank | $616,201 |
The full Heritage Financial compensation record
free company briefThis page is one person within Heritage Financial's record. The company brief lists every named executive, each linking to their own page.
Peer companies
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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 Financial'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.
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