Heritage Global EVP sells shares under 10b5-1 plan

Rhea-AI Filing Summary

Heritage Global Inc. executive vice president, general counsel and secretary James Edward Sklar reported an open-market sale of 3,734 shares of common stock on March 2, 2026 at a weighted average price of $1.30 per share, executed under a previously established Rule 10b5-1 trading plan. Following this transaction, he beneficially owns 264,859 shares of Heritage Global common stock.

Insider Trade Summary

Net Seller: 3,734 shares

Net Sell 1 txn

Insider Sklar James Edward

Role EVP, Gen Counsel & Secretary

Sold 3,734 shs ($5K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,734	$1.30	$5K

Holdings After Transaction: Common Stock — 264,859 shares (Direct)

Footnotes (2)

1. F1. This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.26 to $1.33, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

FAQ

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What insider transaction did Heritage Global (HGBL) report for James Edward Sklar?

Heritage Global reported that executive vice president, general counsel and secretary James Edward Sklar sold 3,734 shares of common stock in an open-market transaction on March 2, 2026, under a previously established Rule 10b5-1 trading plan.

How many Heritage Global (HGBL) shares did James Edward Sklar sell and at what price?

James Edward Sklar sold 3,734 shares of Heritage Global common stock at a weighted average price of $1.30 per share, with individual trades executed between $1.26 and $1.33, according to the Form 4 footnote describing the transaction’s pricing range.

How many Heritage Global (HGBL) shares does James Edward Sklar own after this sale?

After the reported sale, James Edward Sklar beneficially owns 264,859 shares of Heritage Global common stock. This figure reflects his direct holdings immediately following the March 2, 2026 open-market transaction disclosed in the Form 4 filing.

Was the Heritage Global (HGBL) insider sale made under a Rule 10b5-1 plan?

Yes. The Form 4 states that the sale of 3,734 Heritage Global shares by James Edward Sklar was made pursuant to a previously established Rule 10b5-1 trading plan, indicating the trades were pre-arranged rather than initiated on a discretionary basis.

What does the pricing footnote in the Heritage Global (HGBL) Form 4 explain?

The pricing footnote explains that the reported $1.30 per-share price is a weighted average. The 3,734 shares were sold in multiple transactions at prices ranging from $1.26 to $1.33, and detailed breakdowns are available upon request to the issuer or regulators.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/03/2026 - 05:01 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sklar James Edward

(Last) (First) (Middle)

6130 NANCY RIDGE DRIVE

(Street)

SAN DIEGO CA 92121

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Gen Counsel & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		S(1)		3,734	D	$1.3(2)	264,859	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.26 to $1.33, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

	/s/ James Sklar	03/03/2026
	** 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 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.