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Keith A. Wilton served as the CEO of Heritage Commerce Corp from August 2019 until his retirement in March 2021. He holds a Bachelor’s degree in Business Administration and has a strong background in finance. During his time as CEO,...

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Keith A. Wilton

CEO of Heritage Commerce

Education

MBA from Santa Clara University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

November 20, 1967 - 57 years ago

CEO of Heritage Commerce for

5 years 9 months (Aug 2019 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer at Heritage Commerce Corp

Holdings

See how much did Keith A. Wilton make over time.

During his time at Heritage Commerce, Keith A. Wilton held a significant number of shares. Before retiring, he had a vested interest that saw him granted over 20,000 shares in 2019, reflecting his alignment with shareholder success. By the time...

Mar 18, 2025

Total Stock Sold

$323.00K

HTBK

$323.00K

25,847 HTBK shares

What if they kept their stock?

If Keith A. Wilton didn't sell their stock, today they would have:
Extra HTBK25,847 shares worth $239.34K.
This is -25.9% and $83.66K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Keith A. Wilton.

HTBK

$23.79K

HTBK at $8.71/share

May 27, 2020

Sale

HTBK

$31.04K

HTBK at $8.36/share

May 4, 2020

Sale

HTBK

37,037 shares

HTBK

Apr 28, 2020

Received

HTBK

$68.10K

HTBK at $12.21/share

May 24, 2019

Sale

HTBK

20,000 shares

HTBK

May 22, 2019

Received

HTBK

$81.11K

HTBK at $14.36/share

Nov 28, 2018

Sale

HTBK

$59.57K

HTBK at $17.02/share

May 25, 2018

Sale

HTBK

12,000 shares

HTBK

May 1, 2018

Received

HTBK

12,000 shares

HTBK

May 2, 2017

Received

HTBK

$58.40K

HTBK at $12.48/share

Nov 29, 2016

Sale

Compensation History

See how much did Keith A. Wilton make over time.

On retiring as CEO in 2021, Keith A. Wilton's total compensation amounted to approximately $1.63 million, made up of his salary, severance payment, and stock awards. In 2020, his compensation was significantly lower, at $1.22 million, largely due to performance-based bonuses. His salary of $550,000 in 2020 included a substantial bonus of $322,500, reflecting the solid performance metrics he achieved in his role. In 2019, his total compensation was about $631,906, which laid the groundwork for his increase in later years. Despite the lack of bonuses or stock grants directly in his final year, the substantial severance payment of $1,475,895 indicates his value to the company throughout his leadership. The overall compensation strategy was designed to attract and retain talent, tying executive pay directly to company performance and shareholder interests.

Year

2021

Total Compensation

$1.90M

Salary

$154.31K

Board Justification

The compensation philosophy is designed to attract and retain talent while aligning executive compensation with the company's performance and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for 2021 as Mr. Wilton retired before the performance period concluded.

Other

$1.48M

Board Justification

Mr. Wilton received a severance payment of $1,475,895 upon retirement, which is included in other compensation.

Restricted Stock

$268.63K(25.01K restricted stock)

Board Justification

Mr. Wilton vested in 25,012 shares of restricted stock upon retirement on March 12, 2021.

Performance Metrics

The performance metrics for the bonus plan were not applicable to Mr. Wilton due to his retirement before the performance period concluded.

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