STOCK TITAN

Heritage Global (HGBL) CFO buys 20K more shares

(Neutral)
(Positive)
Form Type
4

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 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)
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
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.

How many HGBL shares did the CFO buy and at what price?

CFO Brian J. Cobb bought 20,000 shares of Heritage Global Inc. (HGBL) Common Stock at a price of $1.10 per share on 2026-08-20.

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.

Was the HGBL CFO’s 20,000-share transaction a purchase or a sale?

The Form 4 shows the HGBL CFO’s 20,000-share transaction as a purchase of Common Stock, coded as a “P” transaction, described as a purchase in an open market or private transaction.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
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*
COBB BRIAN J.

(Last)(First)(Middle)
6130 NANCY RIDGE DRIVE

(Street)
SAN DIEGO CALIFORNIA 92121

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Heritage Global Inc. [ HGBL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/20/2026P20,000A$1.1245,353D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Brian J. Cobb08/20/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)