Sklar James Edward 4
4 · Heritage Global Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
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 stock in an open-market disposal on March 2, 2026. The reported weighted-average sale price was $1.30 per share, for aggregate proceeds of approximately $4,854. This was a sale (not a purchase) and was executed pursuant to a previously established 10b5-1 trading plan.
Key Details
- Transaction date: 2026-03-02; Form 4 filed 2026-03-03 (appears timely).
- Shares sold: 3,734; weighted-average price: $1.30; total proceeds ≈ $4,854.
- Reported price range: $1.26 to $1.33 across multiple trades (the filer can provide a per-trade breakdown on request).
- Footnotes: F1 — sale made under an established 10b5-1 plan; F2 — weighted-average price reported, with range noted and offer to provide detailed per-price quantities.
- Shares owned after the transaction: Not disclosed in the supplied filing.
Context Sales under 10b5-1 plans are pre-set trading arrangements that allow insiders to sell shares on a scheduled basis and are generally considered routine; they do not by themselves indicate a change in the insider’s view of the company. For retail investors, purchases are typically more informative than routine sales, but tracking patterns of insider activity over time can still provide useful context.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-02$1.30/sh−3,734$4,854→ 264,859 total
Footnotes (2)
- [F1]This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.26 to $1.33, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.