HGBL · Insider Trading

HERITAGE GLOBAL INC

Every open-market purchase and sale reported by HGBL officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
6
code P
Sales
26
code S
Reporting Insiders
12
current holders
HGBL — Recent Form 4 Transactions (latest 2026-10-02)
FiledInsiderRole TypeSharesValue
2026-10-02 James Edward Sklar EVP, Gen Counsel & Secretary Sell −2,500 −$3.17K
2026-09-29 William L Burnham Director Buy +300,000 +$399.00K
2026-09-29 Ross Dove CEO Sell −300,000 −$399.00K
2026-09-02 James Edward Sklar EVP, Gen Counsel & Secretary Sell −2,500 −$3.17K
2026-08-20 Brian J. Cobb CFO Buy +20,000 +$22.00K
2026-08-17 Bruce Kenneth Hounsell President, Heritage DebtX LLC Buy +10,000 +$11.39K
2026-08-17 Nicholas Kirk Dove President, Industrial Assets Buy +60,000 +$65.94K
2026-05-27 Nicholas Kirk Dove President, Industrial Assets Buy +26,000 +$31.59K
2026-05-18 Thomas Van Ludwig President, NLEX MIXED +55,794 +$51.49K
2026-05-08 James Edward Sklar EVP, Gen Counsel & Secretary Sell −3,734 −$4.97K
2026-04-02 James Edward Sklar EVP, Gen Counsel & Secretary Sell −3,734 −$5.04K
2026-03-27 Kelly S Sharpe Director A +20,000 —
2026-03-26 Michael Hexner Director A +20,000 —
2026-03-26 Barbara A Sinsley Director A +20,000 —
2026-03-26 Samuel L Shimer Director A +20,000 —
2026-03-26 William L Burnham Director A +20,000 —
2026-03-03 James Edward Sklar EVP, Gen Counsel & Secretary Sell −3,734 −$4.85K
2026-02-03 James Edward Sklar EVP, Gen Counsel & Secretary Sell −3,734 −$5.12K
2026-01-05 James Edward Sklar EVP, Gen Counsel & Secretary Sell −3,734 −$4.59K
2025-12-02 James Edward Sklar EVP, Gen Counsel & Secretary Sell −3,734 −$4.89K
2025-11-04 James Edward Sklar EVP, Gen Counsel & Secretary Sell −3,734 −$5.34K
2025-10-02 James Edward Sklar EVP, Gen Counsel & Secretary Sell −7,468 −$12.17K
2025-03-28 David Van Ludwig President of subsidiary Sell −10,000 −$16.10K
2025-03-26 Brian J. Cobb CFO F −6,408 −$13.52K
2025-03-26 Ross Dove CEO F −25,094 −$52.95K
2025-03-26 James Edward Sklar EVP, Gen Counsel & Secretary F −4,727 −$9.97K
2025-03-12 David Van Ludwig President of subsidiary Sell −7,000 −$13.79K
2025-03-10 Barbara A Sinsley Director A +20,000 —
2025-03-10 Ross Dove CEO A +44,355 —
2025-03-10 James Edward Sklar EVP, Gen Counsel & Secretary A +11,848 —
2025-03-10 Kelly S Sharpe Director A +20,000 —
2025-03-10 Brian J. Cobb CFO A +11,848 —
2025-03-10 Samuel L Shimer Director A +20,000 —
2025-03-10 Michael Hexner Director A +20,000 —
2025-03-10 William L Burnham Director A +20,000 —
2025-03-07 David Van Ludwig President of subsidiary Sell −10,000 −$20.70K
2025-03-05 David Van Ludwig President of subsidiary Sell −10,000 −$20.50K
2025-02-27 David Van Ludwig President of subsidiary Sell −10,000 −$20.20K
2025-02-20 David Van Ludwig President of subsidiary Sell −10,000 −$22.40K
2025-02-13 David Van Ludwig President of subsidiary Sell −10,000 −$22.40K
2025-01-30 David Van Ludwig President of subsidiary Sell −10,000 −$21.30K
2025-01-16 David Van Ludwig President of subsidiary Sell −10,000 −$20.70K
2025-01-13 David Van Ludwig President of subsidiary Sell −10,000 −$19.90K
2025-01-03 Brian J. Cobb CFO A +125,000 —
2024-12-20 David Van Ludwig President of subsidiary Sell −10,000 −$17.50K
2024-12-06 David Van Ludwig President of subsidiary Sell −10,000 −$17.60K
2024-12-04 David Van Ludwig President of subsidiary Sell −10,000 −$17.70K
2024-11-25 David Van Ludwig President of subsidiary Sell −10,000 −$16.30K
2024-11-20 David Van Ludwig President of subsidiary Sell −10,000 −$16.10K
2024-03-20 Ross Dove CEO Buy +7,297 +$20.07K
HGBL — Current Insider Holders
InsiderRole Shares HeldValue
Ross Dove CEO 2,021,917 $2.58M
David Van Ludwig President of subsidiary 1,029,304 $1.31M
William L Burnham Director 370,000 $471.75K
Samuel L Shimer Director 352,500 $449.44K
Michael Hexner Director 272,104 $346.93K
James Edward Sklar EVP, Gen Counsel & Secretary 252,391 $321.80K
Thomas Van Ludwig President, NLEX 246,527 $314.32K
Brian J. Cobb CFO 245,353 $312.83K
Nicholas Kirk Dove President, Industrial Assets 186,000 $237.15K
Barbara A Sinsley Director 101,300 $129.16K
Kelly S Sharpe Director 95,800 $122.14K
Bruce Kenneth Hounsell President, Heritage DebtX LLC 10,000 $12.75K
HGBL Insider Trading FAQ
Who are the insiders at HGBL?
12 officers, directors and 10%+ beneficial owners currently report holdings in HGBL via SEC Form 4.
Are HGBL insiders buying or selling?
Across the 50 most recent Form 4 filings for HGBL, 6 were open-market purchases (code P) and 26 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is HGBL insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent HGBL filing is dated 2026-10-02.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the HGBL quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.