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Insider · CIK 0001628293

David Van Ludwig

presidentofficerdirector

Files at HGBL (Heritage Global Inc.). First filing Nov 20, 2024, latest Mar 12, 2025.

In brief

David Van Ludwig files SEC Form 4 as president and director at HGBL (Heritage Global Inc.). Since Nov 20, 2024, David Van Ludwig has reported 0 open-market buys worth $0 and 14 open-market sells worth $267k, the latest filed on Mar 12, 2025.

A track record needs three past buys with six months of prices behind them; David Van Ludwig has 0, so none is measured yet.

The newest scored trade: sold $14k of HGBL on Mar 11, 2025, filed Mar 12, 2025, scored 0 (weak), under a 10b5-1 plan.

Track record
Not enough history
Fewer than three past buys with six months of prices.
Median 6-month excess
-
after past buys, n = 0
Hit rate
-
past buys that beat the index over 6 months
Open-market trades
0 / 14
$0 bought, $267k sold

Where the trades landed

Last year at the company this insider has traded most, with each buy and sell on the bar it happened.

HGBL: Heritage Global Inc.

HGBLOct 9, 2026 · close 1.25

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™

Signals

This insider’s open-market buys and sells, scored.

ScoreCompanyValueHoldingsPrice contextFiled
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$14k
7,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$21k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$21k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$20k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$22k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$22k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$21k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$21k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$20k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$18k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$18k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$18k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$16k
10,000 shares
-1%-
0Weak
HGBLsell10b5-1
Heritage Global Inc.
$16k
10,000 shares
-1%-

Planned sales

Form 144 notices this insider filed before selling restricted or control stock, newest first.

FiledCompanySharesValueSale datePast 3 months
Feb 19, 2025 HGBL
Heritage Global Inc.
47,000
0.13% of outstanding
$105kFeb 19, 2025$153k
Nov 19, 2024 HGBL
Heritage Global Inc.
90,000
0.24% of outstanding
$144kNov 19, 2024none

Transactions

Every row this insider has filed, 14 in all, newest first.

DateCompanyTransactionSharesPriceValueHoldings afterFiled
Mar 11, 2025HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-7,000$1.97$14k900,479Mar 12, 2025
Mar 6, 2025HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$2.07$21k907,479Mar 7, 2025
Mar 4, 2025HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$2.05$21k917,479Mar 5, 2025
Feb 26, 2025HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$2.02$20k927,479Feb 27, 2025
Feb 19, 2025HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$2.24$22k937,479Feb 20, 2025
Feb 12, 2025HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$2.24$22k947,479Feb 13, 2025
Jan 29, 2025HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$2.13$21k957,479Jan 30, 2025
Jan 15, 2025HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$2.07$21k967,479Jan 16, 2025
Jan 8, 2025HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$1.99$20k977,479Jan 13, 2025
Dec 18, 2024HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$1.75$18k987,479Dec 20, 2024
Dec 5, 2024HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$1.76$18k997,479Dec 6, 2024
Dec 3, 2024HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$1.77$18k1,007,479Dec 4, 2024
Nov 21, 2024HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$1.63$16k1,017,479Nov 25, 2024
Nov 19, 2024HGBL
Heritage Global Inc.
SOpen-market sale
Common Stock10b5-1
-10,000$1.61$16k1,027,479Nov 20, 2024

Questions about David Van Ludwig

Answered from the filings on this page, as of the latest one.

Is David Van Ludwig buying or selling?

Not in the last 12 months. David Van Ludwig's latest open-market trade on SEC Form 4 was sold $14k of HGBL on Mar 11, 2025.

How did David Van Ludwig's past buys perform?

Not measured yet. InsiderTell needs three past buys with six months of prices to publish a track record, and David Van Ludwig has 0.

Where does David Van Ludwig file Form 4?

David Van Ludwig has filed Form 4 at HGBL (Heritage Global Inc.) as President of subsidiary. A Form 4 is required of officers, directors and holders of more than 10% of a share class within two business days of a trade.

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

David Van Ludwig: insider trades and track record | InsiderTell