Welcome to our dedicated page for Heritage Global SEC filings (Ticker: HGBL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Heritage Global Inc. (HGBL) SEC filings page on Stock Titan is intended to aggregate the company’s regulatory disclosures and present them alongside AI-powered summaries. While no specific SEC filings are listed in the data provided here, Heritage Global’s public communications reference detailed financial reporting, including revenues from services and asset sales, non-GAAP measures such as EBITDA and Adjusted EBITDA, and balance sheet information covering cash, notes receivable, inventory, equity method investments, property and equipment, intangible assets, goodwill, and various liabilities.
In a typical reporting cycle, investors look to SEC filings such as annual reports (Form 10-K) and quarterly reports (Form 10-Q) for narrative and quantitative detail on these items. For a company like Heritage Global, these filings can provide segment information for its Industrial Assets and Financial Assets divisions, discussions of asset sales and service revenues, explanations of equity method investments, and descriptions of non-GAAP metrics and how management uses them to evaluate performance.
Stock Titan’s platform is designed so that, when available, real-time updates from EDGAR feed directly into the filings list. AI-generated overviews can then help explain lengthy documents, highlight key sections on liquidity, capital allocation (including share repurchases and acquisitions), and summarize risk factor discussions. For investors interested in insider activity, forms such as Form 4, when present, can be surfaced and interpreted to show reported purchases or sales by officers, directors, or significant shareholders.
Although the specific SEC documents for HGBL are not shown in the current data, this page serves as the central location where those filings would appear, with tools to filter by form type and to read AI-assisted explanations of Heritage Global’s financial statements, segment disclosures, and management commentary.
Heritage Global Inc. executive James Edward Sklar, EVP, General Counsel and Secretary, reported an open-market sale of 3,734 shares of common stock at a weighted average price of $1.35 per share. The transaction was made under a previously established Rule 10b5-1 trading plan and leaves him holding 261,125 shares directly.
Morgan Stanley Smith Barney filed a Form 144 disclosing proposed sales of 3,734 shares of Common stock. The filing lists prior 10b5-1 sales by James Sklar on 01/02/2026, 02/02/2026, and 03/02/2026 with amounts shown. It also notes the securities to be sold were previously exercised stock options (dated 03/30/2021).
Sharpe Kelly S reported acquisition or exercise transactions in this Form 4 filing.
Heritage Global Inc. director Kelly S. Sharpe received an award of 20,000 shares of Common Stock as equity compensation. The shares were granted at no cash cost to her and are restricted, vesting in four equal quarterly installments on June 5, 2026, September 5, 2026, December 5, 2026, and March 5, 2027. Following this grant, she holds 95,800 shares of Heritage Global Inc. common stock directly.
The Vanguard Group filed Amendment No. 1 to a Schedule 13G reporting no beneficial ownership of Heritage Global Inc. common stock. The filing states Amount beneficially owned: 0 and Percent of class: 0%. The filing notes an internal realignment effective January 12, 2026 and is signed on 03/27/2026.
The amendment explains certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538, and that The Vanguard Group, Inc. no longer is deemed to have beneficial ownership over securities held by those subsidiaries.
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.