David Van Ludwig - Nov 19, 2024 Form 4/A - Amendment Insider Report for Heritage Global Inc. (HGBL)

Role
President of subsidiary, Director
Signature
/s/ David Van Ludwig by James Sklar POA
Stock symbol
HGBL
Transactions as of
Nov 19, 2024
Transactions value $
-$16,100
Form type
4/A - Amendment
Date filed
3/28/2025, 04:00 PM
Date Of Original Report
Nov 20, 2024
Previous filing
Aug 16, 2023
Next filing
Nov 25, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HGBL Common Stock Sale -$16.1K -10K -0.96% $1.61 1.03M Nov 19, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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 $1.60 to $1.62, 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.
F3 The original Form 4, filed on November 20, 2024 (the "Original Filing"), is being amended by this Form 4 amendment (the "Amendment") solely to correct an administrative error which underreported the amount of securities beneficially owned by the reporting person following a sale transaction that occurred on November 19, 2024 by less than 1,825 shares. As a result of this administrative error, all Form 4s filed by the reporting person after the Original Filing underreported the amount of securities beneficially owned by the reporting person by 1,825 shares. This Amendment corrects the amount of securities beneficially owned by the reporting person in the Original Filing by increasing the amount by 1,825 shares.