Heritage Global (HGBL) president reports 500,000 stock options grant

Rhea-AI Filing Summary

Heritage Global Inc. officer Bruce Kenneth Hounsell filed an initial Form 3 reporting his beneficial ownership of stock options. He holds options to purchase 500,000 shares of common stock at an exercise price of $1.30 per share, expiring on January 9, 2036.

These options vest in equal installments, with 33 1/3% vesting every twelve months until they are fully vested on January 9, 2029. The options are reported as being held directly.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Hounsell Bruce Kenneth

(Last) (First) (Middle)

12625 HIGH BLUFF DRIVE

SUITE 305

(Street)

SAN DIEGO CA 92130

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/26/2026

3. Issuer Name and Ticker or Trading Symbol
Heritage Global Inc. [ HGBL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Heritage DebtX LLC

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options to purchase common stock	(1)	01/09/2036	Common Stock	500,000	$1.3	D

Explanation of Responses:

1. Options to purchase common stock vest 33 1/3% every twelve months until fully vested on January 9, 2029

	/s/ Bruce Hounsell by James Sklar POA	02/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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FAQ

What did Bruce Hounsell report on his Form 3 for Heritage Global Inc. (HGBL)?

Bruce Kenneth Hounsell reported initial beneficial ownership of options to purchase 500,000 shares of Heritage Global Inc. common stock. These options are directly held and reflect his derivative equity position as an officer of the company as of the reported event date.

How many Heritage Global Inc. (HGBL) stock options does Bruce Hounsell hold?

Bruce Kenneth Hounsell holds options to purchase 500,000 shares of Heritage Global Inc. common stock. This entire amount is reported as beneficially owned following the event, giving a clear view of his derivative equity exposure to the company’s stock.

What are the key terms of Bruce Hounsell’s HGBL stock options?

The Form 3 shows options to purchase 500,000 shares of Heritage Global Inc. common stock with an exercise price of $1.30 per share. These options expire on January 9, 2036 and vest over time according to a specified schedule.

How do Bruce Hounsell’s Heritage Global Inc. stock options vest?

The options vest 33 1/3% every twelve months until fully vested on January 9, 2029. This means the grant becomes exercisable in three equal annual installments, aligning long-term incentives with Hounsell’s ongoing service to Heritage Global Inc.

Does Bruce Hounsell’s Form 3 show a purchase or sale of HGBL shares?

The Form 3 is an initial statement of beneficial ownership, listing Hounsell’s existing options to purchase 500,000 shares. It records his derivative holdings as an insider rather than detailing a new purchase or sale transaction of Heritage Global Inc. stock.

What is Bruce Hounsell’s role at Heritage Global Inc. (HGBL)?

Bruce Kenneth Hounsell is reported as an officer of Heritage Global Inc., serving as President, Heritage DebtX LLC. His Form 3 filing reflects his status as a company insider subject to Section 16 reporting requirements for equity and derivative holdings.