Heritage Global (HGBL) CEO Dove Ross Sells 300,000 Shares

What Happened Dove Ross, CEO and director of Heritage Global, Inc. (HGBL), reported a sale of 300,000 common shares on 2026-09-25 at $1.33 per share, generating $399,000 in proceeds. The shares were sold in a privately negotiated transaction to Inductive Capital LP, an entity controlled by Heritage Global director William L. Burnham.

Key Details

• Transaction date and price: 300,000 shares sold on 2026-09-25 at $1.33 per share (total $399,000).
• Buyer and execution: Sold privately to Inductive Capital LP (controlled by director William L. Burnham); not effected on a securities exchange or through a broker.
• Price reference: $1.33 equaled the Nasdaq closing price on 2026-09-24.
• Transfer mechanics: Transfer into Inductive Capital LP’s name expected to be completed via the issuer’s transfer agent after the transaction date.
• Shares owned after transaction: Not specified in the public Form 4 filing.
• Filing timeliness: Form 4 was filed 2026-09-29 for the 2026-09-25 transaction (filed within the typical two-business-day reporting window).

Context This was a direct sale by the CEO to an entity controlled by another company director (a related-party purchaser), executed privately rather than on the open market. Sales by insiders are factual disclosures of transfers of ownership and do not by themselves indicate the insider’s view of the company’s prospects.