Heritage Global Inc. (HGBL) Insider Trading
Over the last 3 months, HGBL insiders made 3 open-market buys and 0 sales, a net purchase of $99K (SEC Form 4). Multiple insiders bought within days of each other (cluster buying). Over the last 6 months, 7 institutions increased and 14 reduced their position (13F).
Insider Activity
Sentiment
100/100
Buys (3m)
3
Sells (3m)
0
Net (3m)
$99.3K
Insiders buyingCluster buying
Insider trades by month Buys Sells
Dec
Jan
Feb
Apr
May
Aug
Context3-month price +2%Institutions reducing (13F)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 20, 2026 | COBB BRIAN J.officer: CFO | Buy | 20,000 | $1.10 |
| Aug 17, 2026 | Hounsell Bruce Kennethofficer: President, Heritage DebtX LLC | Buy | 10,000 | $1.14 |
| Aug 17, 2026 | Dove Nicholas Kirkofficer: President, Industrial Assets | Buy | 60,000 | $1.10 |
| May 27, 2026 | Dove Nicholas Kirkofficer: President, Industrial Assets | Buy | 26,000 | $1.22 |
| May 18, 2026 | Ludwig Thomas Vanofficer: President, NLEX | Tax | 23,919 | $1.22 |
| May 18, 2026 | Ludwig Thomas Vanofficer: President, NLEX | Option | 31,875 | $0.70 |
| May 8, 2026 | Sklar James Edwardofficer: EVP, Gen Counsel & Secretary | Sell | 3,734 | $1.33 |
| Apr 2, 2026 | Sklar James Edwardofficer: EVP, Gen Counsel & Secretary | Sell | 3,734 | $1.35 |
| Mar 27, 2026 | Sharpe Kelly Sdirector | Grant | 20,000 | — |
| Mar 26, 2026 | Burnham William Ldirector | Grant | 20,000 | — |
| Mar 26, 2026 | SHIMER SAMUEL Ldirector | Grant | 20,000 | — |
| Mar 26, 2026 | Hexner Michaeldirector | Grant | 20,000 | — |
| Mar 26, 2026 | Sinsley Barbara Adirector | Grant | 20,000 | — |
| Feb 3, 2026 | Sklar James Edwardofficer: EVP, Gen Counsel & Secretary | Sell | 3,734 | $1.37 |
| Jan 5, 2026 | Sklar James Edwardofficer: EVP, Gen Counsel & Secretary | Sell | 3,734 | $1.23 |
| Dec 2, 2025 | Sklar James Edwardofficer: EVP, Gen Counsel & Secretary | Sell | 3,734 | $1.31 |
| Nov 4, 2025 | Sklar James Edwardofficer: EVP, Gen Counsel & Secretary | Sell | 3,734 | $1.43 |
| Oct 2, 2025 | Sklar James Edwardofficer: EVP, Gen Counsel & Secretary | Sell | 7,468 | $1.63 |
| Mar 28, 2025 | Ludwig David Vandirector, officer: President of subsidiary | Sell | 10,000 | $1.61 |
| Mar 26, 2025 | Sklar James Edwardofficer: EVP, Gen Counsel & Secretary | Tax | 4,727 | $2.11 |
| Mar 26, 2025 | COBB BRIAN J.officer: CFO | Tax | 6,408 | $2.11 |
| Mar 26, 2025 | DOVE ROSSdirector, officer: CEO | Tax | 25,094 | $2.11 |
| Mar 12, 2025 | Ludwig David Vandirector, officer: President of subsidiary | Sell | 7,000 | $1.97 |
| Mar 10, 2025 | Sinsley Barbara Adirector | Grant | 20,000 | — |
| Mar 10, 2025 | Burnham William Ldirector | Grant | 20,000 | — |
| Mar 10, 2025 | Hexner Michaeldirector | Grant | 20,000 | — |
| Mar 10, 2025 | SHIMER SAMUEL Ldirector | Grant | 20,000 | — |
| Mar 10, 2025 | Sharpe Kelly Sdirector | Grant | 20,000 | — |
| Mar 10, 2025 | COBB BRIAN J.officer: CFO | Grant | 11,848 | — |
| Mar 10, 2025 | DOVE ROSSdirector, officer: CEO | Grant | 44,355 | — |
Source: HGBL SEC Form 4 filings, latest Aug 20, 2026. For informational purposes only — not investment advice.
Institutional activity (13F)
How institutions changed their HGBL positions over the last 6 months (SEC Form 13F).
Increased
7
New positions
7
Reduced
14
Sold out
38
Largest moves
| Institution | Action | Shares | Filed |
|---|---|---|---|
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | Reduced | 2.2M | May 15, 2026 |
| MINK BROOK ASSET MANAGEMENT LLC | Increased | 2.2M | Apr 1, 2026 |
| TOPLINE CAPITAL MANAGEMENT, LLC | Reduced | 1.8M | May 15, 2026 |
| VANGUARD CAPITAL MANAGEMENT LLC | New Position | 1.7M | May 15, 2026 |
| TRUFFLE HOUND CAPITAL, LLC | Unchanged | 1.1M | May 7, 2026 |
| KOSHINSKI ASSET MANAGEMENT, INC. | Unchanged | 917K | Apr 27, 2026 |
| Militia Capital Management LLC | New Position | 564K | Jun 12, 2026 |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | 342K | May 15, 2026 |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | 244K | May 14, 2026 |
| RIDGEWOOD INVESTMENTS LLC | New Position | 237K | Apr 3, 2026 |
| DIMENSIONAL FUND ADVISORS LP | Reduced | 205K | May 7, 2026 |
| EVERNEST FINANCIAL ADVISORS, LLC | New Position | 194K | May 4, 2026 |
| VANGUARD FIDUCIARY TRUST CO | New Position | 166K | May 15, 2026 |
| BLACKROCK, INC. | Increased | 147K | May 13, 2026 |
| STATE STREET CORP | Unchanged | 117K | May 15, 2026 |
Source: SEC Form 13F filings. For informational purposes only — not investment advice.