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.
SHIMER SAMUEL L reported acquisition or exercise transactions in this Form 4 filing.
Heritage Global Inc. director Samuel L. Shimer reported an equity award of 20,000 shares of Common Stock on March 5, 2026. The shares are restricted and will vest in four equal 25% installments on June 5, 2026, September 5, 2026, December 5, 2026, and March 5, 2027. Following this grant, Shimer directly holds 352,500 shares of Heritage Global common stock.
Hexner Michael reported acquisition or exercise transactions in this Form 4 filing.
Heritage Global Inc. director Michael Hexner received an award of 20,000 shares of Common Stock, reported at a price of $0.0000 per share. Following this grant, his directly held position increased to 272,104 shares.
The awarded shares are restricted and will vest in four equal quarterly installments: 25% on June 5, 2026, 25% on September 5, 2026, 25% on December 5, 2026, and the remaining 25% on March 5, 2027. This structure ties the full benefit of the grant to his continued service over time.
Sinsley Barbara A reported acquisition or exercise transactions in this Form 4 filing.
Heritage Global Inc. director Barbara A. Sinsley received an award of 20,000 shares of Common Stock as equity compensation. These shares are restricted and will vest in four equal 25% installments on June 5, 2026, September 5, 2026, December 5, 2026, and March 5, 2027. After this grant, she directly holds 101,300 shares.
Burnham William L reported acquisition or exercise transactions in this Form 4 filing.
Heritage Global Inc. director William L. Burnham reported an award of 20,000 shares of common stock on March 5, 2026. The shares are restricted and will vest in four equal 25% installments on June 5, 2026, September 5, 2026, December 5, 2026, and March 5, 2027. Following this grant, Burnham directly owns 70,000 shares of Heritage Global common stock.
Heritage Global Inc. insider Ludwig Thomas Van, President of NLEX, reported his initial ownership on a Form 3. He directly holds 214,652 shares of common stock and three option awards covering 31,875, 45,000, and 40,000 underlying common shares at exercise prices of $0.70, $1.41, and $2.81, respectively. This filing records existing positions and does not show any new purchases or sales.
Heritage Global Inc. reports 2025 revenue of $51.0 million, up from $45.4 million, driven by growth in its Industrial Assets division. Net income fell to $3.6 million from $5.2 million as equity-method earnings declined and costs inched higher.
The Specialty Lending segment faces heightened risk: one borrower accounts for $21.5 million or 76% of gross notes receivable and is in default, with related loans placed on nonaccrual. Total nonaccrual loans were $23.9 million at year-end. The company ended 2025 with $18.1 million in working capital, $20.5 million in cash and $67.0 million in stockholders’ equity, supported by an undrawn $10.0 million credit facility and a new $4.1 million mortgage on its San Diego headquarters.
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.
James Sklar submitted Rule 144 notices reporting proposed 10b5-1 sales of Common stock in HGBL. The filing lists transactions dated 01/02/2026 and 02/02/2026 described as "10b5-1 Sales for JAMES SKLAR," with numeric entries of 3734 and amounts shown alongside.
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.
Heritage Global Inc. executive James Edward Sklar, EVP, General Counsel & Secretary, sold 3,734 shares of common stock on February 2, 2026 at a weighted average price of $1.37 per share under a pre-arranged Rule 10b5-1 trading plan.
After this sale, Sklar beneficially owned 268,593 shares of Heritage Global common stock in direct ownership.