HERITAGE COMMERCE CORP

Ticker: HTBK CUSIP: 426927109 Class: Common Stock

Arizona State Retirement System's Holding History (CIK: 0001558481)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 16,256 Value ($000) $195 Avg Close $10.85 Range $9.34 - $12.89

Q3 2025

Shares 17,298 Value ($000) $172 Avg Close $10.04 Range $9.02 - $10.77

Q2 2025

Shares 17,073 Value ($000) $170 Avg Close $9.17 Range $8.09 - $10.00

Q1 2025

Shares 16,690 Value ($000) $159 Avg Close $9.79 Range $8.62 - $10.86

Q4 2024

Shares 16,884 Value ($000) $158 Avg Close $10.07 Range $9.31 - $11.27

Q3 2024

Shares 16,757 Value ($000) $166 Avg Close $9.76 Range $8.18 - $10.99

Q2 2024

Shares 17,124 Value ($000) $149 Avg Close $8.14 Range $7.66 - $8.73

Q1 2024

Shares 16,791 Value ($000) $144 Avg Close $8.73 Range $7.93 - $10.06

Q4 2023

Shares 17,078 Value ($000) $169 Avg Close $8.81 Range $7.81 - $10.22

Q3 2023

Shares 17,360 Value ($000) $147 Avg Close $8.89 Range $8.05 - $10.04

Q2 2023

Shares 17,119 Value ($000) $142 Avg Close $7.93 Range $6.69 - $8.96

Q1 2023

Shares 17,593 Value ($000) $147 Avg Close $11.45 Range $8.02 - $13.31

Q4 2022

Shares 17,119 Value ($000) $223 Avg Close $13.45 Range $11.25 - $14.87

Q3 2022

Shares 16,424 Value ($000) $186 Avg Close $11.50 Range $10.42 - $12.44

Q2 2022

Shares 16,352 Value ($000) $175 Avg Close $11.18 Range $10.43 - $12.07

Q1 2022

Shares 16,292 Value ($000) $183 Avg Close $11.99 Range $11.19 - $12.94

Q4 2021

Shares 16,204 Value ($000) $193 Avg Close $11.68 Range $10.63 - $12.60

Q3 2021

Shares 16,372 Value ($000) $190 Avg Close $11.19 Range $10.56 - $11.88

Q2 2021

Shares 16,287 Value ($000) $181 Avg Close $11.89 Range $10.96 - $12.65

Q1 2021

Shares 17,441 Value ($000) $213 Avg Close $10.01 Range $8.55 - $12.32

Q4 2020

Shares 17,344 Value ($000) $154 Avg Close $8.11 Range $6.54 - $9.41

Q3 2020

Shares 18,025 Value ($000) $120 Avg Close $6.89 Range $6.13 - $7.81

Q2 2020

Shares 13,400 Value ($000) $101 Avg Close $7.84 Range $6.30 - $9.67

Q1 2020

Shares 13,203 Value ($000) $101 Avg Close $10.58 Range $6.04 - $12.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	16,256	$195	$10.85	$9.34 - $12.89
Q3 2025	17,298	$172	$10.04	$9.02 - $10.77
Q2 2025	17,073	$170	$9.17	$8.09 - $10.00
Q1 2025	16,690	$159	$9.79	$8.62 - $10.86
Q4 2024	16,884	$158	$10.07	$9.31 - $11.27
Q3 2024	16,757	$166	$9.76	$8.18 - $10.99
Q2 2024	17,124	$149	$8.14	$7.66 - $8.73
Q1 2024	16,791	$144	$8.73	$7.93 - $10.06
Q4 2023	17,078	$169	$8.81	$7.81 - $10.22
Q3 2023	17,360	$147	$8.89	$8.05 - $10.04
Q2 2023	17,119	$142	$7.93	$6.69 - $8.96
Q1 2023	17,593	$147	$11.45	$8.02 - $13.31
Q4 2022	17,119	$223	$13.45	$11.25 - $14.87
Q3 2022	16,424	$186	$11.50	$10.42 - $12.44
Q2 2022	16,352	$175	$11.18	$10.43 - $12.07
Q1 2022	16,292	$183	$11.99	$11.19 - $12.94
Q4 2021	16,204	$193	$11.68	$10.63 - $12.60
Q3 2021	16,372	$190	$11.19	$10.56 - $11.88
Q2 2021	16,287	$181	$11.89	$10.96 - $12.65
Q1 2021	17,441	$213	$10.01	$8.55 - $12.32
Q4 2020	17,344	$154	$8.11	$6.54 - $9.41
Q3 2020	18,025	$120	$6.89	$6.13 - $7.81
Q2 2020	13,400	$101	$7.84	$6.30 - $9.67
Q1 2020	13,203	$101	$10.58	$6.04 - $12.86