Heritage Global (HGBL) CFO buys 20K more shares
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
1 txn
Insider
COBB BRIAN J.
Role
CFO
Bought
20,000 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $1.10 | $22K |
Holdings After Transaction:
Common Stock — 245,353 shares (Direct)
Key Figures
Shares purchased: 20,000 shares
Purchase price per share: $1.10 per share
Shares owned after transaction: 245,353 shares
3 metrics
Shares purchased
20,000 shares
Common Stock transaction on 2026-08-20
Purchase price per share
$1.10 per share
CFO open market or private purchase
Shares owned after transaction
245,353 shares
Direct holdings of CFO following the 2026-08-20 purchase
Key Terms
Form 4, Common Stock, Rule 10b5-1, open market or private transaction
4 terms
Form 4 regulatory
"reported in a Form 4 insider transaction filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"purchased 20,000 shares of the company’s Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Rule 10b5-1 regulatory
"the Rule 10b5-1 checkbox is not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"purchase in open market or private transaction at $1.10 per share"
FAQ
What insider transaction did HGBL disclose for CFO Brian J. Cobb?
Heritage Global Inc. (HGBL) disclosed that CFO Brian J. Cobb purchased 20,000 shares of Common Stock on 2026-08-20 in an open-market or private transaction at $1.10 per share, increasing his direct holdings to 245,353 shares.
What are the CFO’s total HGBL holdings after the reported Form 4 transaction?
After the reported transaction, CFO Brian J. Cobb directly owns 245,353 shares of Heritage Global Inc. (HGBL) Common Stock, as stated in the Form 4 filing.
Is the reported HGBL CFO transaction under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked, so the CFO’s 20,000-share purchase of HGBL Common Stock was not affirmed as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.