Sklar James Edward 4
Research Summary
AI-generated summary
Heritage Global (HGBL) EVP James Sklar Sells 3,734 Shares
What Happened
James Edward Sklar, EVP, General Counsel & Secretary of Heritage Global, sold 3,734 shares of HGBL on February 2, 2026. The reported weighted-average price was $1.37 per share, for total proceeds of approximately $5,116. The sale was executed under a previously established 10b5-1 trading plan and occurred as multiple trades at prices ranging from $1.35 to $1.41.
Key Details
- Transaction date: 2026-02-02 (reported on Form 4 filed 2026-02-03)
- Shares sold: 3,734; weighted-average price: $1.37; price range: $1.35–$1.41
- Proceeds: ~ $5,116
- Shares owned after transaction: not specified in the provided excerpt of the filing
- Footnotes: (F1) Sale pursuant to an established 10b5-1 plan; (F2) weighted-average price with multiple sale prices—reporting person will provide detailed per-price breakdown on request
- Timeliness: Filing appears timely (Form 4 filed the day after the transaction), so not a late report
Context
Sales made under a 10b5-1 plan are pre-scheduled trades and often reflect routine disposition rather than a change in an insider’s view of the company. Small-dollar sales like this (~$5k) are common and generally less informative about insider sentiment than purchases. If you want the exact share counts sold at each price within the $1.35–$1.41 range, the filer has offered to provide that detail on request.