Heritage Global Inc. 8-K

What Happened

• Heritage Global Inc. filed an 8-K reporting the results of its 2026 Annual Meeting of Shareholders held June 3, 2026.
• Shareholders elected Michael Hexner and William Burnham as Class II directors and ratified UHY LLP as the Company’s independent auditor for the fiscal year ending December 31, 2026.
• The record date for the meeting was April 6, 2026; 34,734,754 shares of common stock and 563 shares of Series N Preferred Stock were outstanding and entitled to vote.

Key Details

• Director elections: Michael Hexner — For: 12,393,622; Withheld: 331,369; Broker non-votes: 10,793,957. William Burnham — For: 12,591,056; Withheld: 133,935; Broker non-votes: 10,793,957.
• Auditor ratification: UHY LLP — For: 23,370,993; Against: 145,179; Abstentions: 2,776; Broker non-votes: 0.
• Meeting date: June 3, 2026. Record date: April 6, 2026. Outstanding common shares: 34,734,754.

Why It Matters

• Board composition: Election of Hexner and Burnham fills the Class II director seats and affects the makeup of the board that oversees strategy and corporate governance.
• Audit continuity: Ratification of UHY LLP maintains continuity in external financial oversight and audit processes for fiscal 2026.
• Vote context: The sizable broker non-votes (~10.8M) on director elections indicate many shares held by brokers were not voted on those proposals, which can affect apparent shareholder support totals; the auditor vote had no broker non-votes and passed overwhelmingly.