Welcome to our dedicated page for Heritage Global SEC filings (Ticker: HGBL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Heritage Global Inc. SEC filings document governance, shareholder voting matters and material corporate transactions for an asset-services company focused on industrial and financial assets. Proxy materials describe annual meeting procedures, shareholder voting matters and related governance disclosures.
Current event filings include material definitive agreements tied to the completed acquisition of substantially all assets and certain liabilities of The Debt Exchange by wholly owned Heritage DebtX LLC. Those records describe the acquired loan-portfolio advisory, valuation, market-data and execution-support business within Heritage Global's Financial Assets division.
Heritage Global Inc. (HGBL) reported that James Edward Sklar, EVP, General Counsel & Secretary, sold 2,500 shares of common stock on September 1, 2026 in an open-market transaction under a previously established Rule 10b5-1 plan. The weighted average sale price was $1.27 per share, and he now directly holds 254,891 shares of Heritage Global common stock.
Heritage Global Inc. (HGBL) insider James Sklar filed a notice of proposed sale of company stock under Rule 144. The filing covers 2,500 shares of common stock, held at Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate value of $3,225.00, with a noted sale date of September 1, 2026. The shares relate to Restricted Stock Units granted on March 30, 2021.
Heritage Global Inc. (HGBL) reported that its CFO, Brian J. Cobb, purchased 20,000 shares of the company’s Common Stock on 2026-08-20 in a purchase in open market or private transaction at a price of $1.10 per share. Following this transaction, he directly holds 245,353 shares of Common Stock.
Heritage Global Inc. (HGBL) reported that Bruce Kenneth Hounsell, President of Heritage DebtX LLC, purchased 10,000 shares of Heritage Global common stock on 2026-08-17 in an open market or private transaction at $1.1395 per share. Following this transaction, he directly holds 10,000 shares of common stock.
Heritage Global Inc. (HGBL) executive Nicholas Kirk Dove, President, Industrial Assets, purchased 60,000 shares of Common Stock on 2026-08-17 at $1.099 per share in an open-market or private transaction. Following this buy, he directly holds 186,000 Common Stock shares.
Heritage Global Inc. reported weaker results for the quarter ended June 30, 2026. Total revenues were $12.3 million, down from $14.3 million a year earlier, and the company recorded a net loss of $15.9 million versus net income of $1.6 million in 2025.
Results were dominated by the Specialty Lending segment, where Heritage recorded a non-cash impairment of $18.2 million on equity method investments and a $3.5 million increase in the allowance for credit losses on notes receivable, tied to continuing difficulties with its largest borrower. Operating loss for the quarter was $20.9 million.
Cash and cash equivalents were $13.2 million and notes receivable in nonaccrual status had an amortized cost basis of $4.6 million. Total assets declined to $70.4 million and stockholders’ equity to $51.9 million. Subsequent to quarter-end, the board approved a strategic plan to wind down the Specialty Lending segment and completed the acquisition of Boston Note Company. Earlier in 2026, the company acquired substantially all assets of The Debt Exchange, Inc. for about $8.5 million, adding the DebtX commercial loan advisory business.
Heritage Global Inc. reported that its Financial Assets division has acquired Boston Note Company, a nationwide broker and buyer of privately held loans, notes, and mortgages, often referred to as seller or carry-back notes.
Management plans to build on Boston Note’s position in performing residential real estate by using existing institutional investor relationships at DebtX and NLEX to expand into Commercial Real Estate (CRE) backed seller notes, jumbo residential real estate notes, and liquidity options for non-performing seller and carryback notes. Following the transaction, Boston Note will operate as “Boston Note, a Heritage Global company.” Financial terms of the deal were not disclosed.
Heritage Global Inc. approved a strategic Exit Plan to wind down its Specialty Lending segment, operated through wholly owned subsidiary Heritage Global Capital LLC, after continued difficulties with its largest borrower and further deterioration in the second quarter of 2026. The plan includes exiting joint ventures tied to this lending business.
The company expects cash expenditures primarily for employee-related and professional services costs and a material non-cash impairment charge for the quarter ended June 30, 2026, including write-downs of equity method investments and higher reserves for credit losses on nonaccrual loans. The Exit Plan is expected to begin in the third quarter of 2026, and the second quarter 2026 financial results conference call has been rescheduled to August 13, 2026 to allow time to determine the impairment amount.
Vanguard Capital Management LLC reports beneficial ownership of Heritage Global Inc common stock. Vanguard and certain affiliates beneficially own 1,571,677 shares, representing 4.52% of the outstanding common stock. Vanguard has sole voting power over 178,039 shares and sole dispositive power over 1,571,677 shares, with no shared voting or dispositive power. No other single person has an interest in more than 5% of the securities attributed to Vanguard.
Heritage Global Inc. reported the results of its 2026 Annual Meeting of Shareholders held on June 3, 2026. As of the April 6, 2026 record date, 34,734,754 shares of common stock and 563 shares of Series N Preferred Stock were outstanding and entitled to vote.
Shareholders elected Michael Hexner as a Class II director with 12,393,622 votes for, 331,369 withheld and 10,793,957 broker non-votes. They elected William Burnham as a Class II director with 12,591,056 votes for, 133,935 withheld and 10,793,957 broker non-votes.
Shareholders also ratified the appointment of UHY LLP as independent auditor for the fiscal year ending December 31, 2026, with 23,370,993 votes for, 145,179 against, 2,776 abstentions and no broker non-votes.