Sharpe Kelly S 4

What Happened Kelly S. Sharpe, a director of Heritage Global, was granted 20,000 restricted common shares on March 5, 2026. The shares were issued at $0.00 (no cash paid), so the reported acquisition value is $0. This is a compensation/award grant, not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-03-05 — Award/Grant of 20,000 shares (code A).
• Price/Value: $0.00 per share; total reported acquisition value $0.
• Vesting: Restricted — 25% vests on Jun 5, 2026; 25% on Sep 5, 2026; 25% on Dec 5, 2026; 25% on Mar 5, 2027. (See filing footnote.)
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Filing timeliness: The Form 4 was filed on 2026-03-27, 22 days after the transaction date; the filing is late relative to the two-business-day rule for Form 4s.

Context This was an equity compensation grant to a director with multi-date vesting, meaning the shares become owned outright only as they vest and are typically subject to sale restrictions until then. Because this is an award (not a market purchase or sale), it primarily reflects compensation rather than an immediate insider market signal.