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sellWeak10b5-1 plan

David Van Ludwig sold $20k of HGBL

President of subsidiary at Heritage Global Inc.. 10,000 shares at an average of $2.02, traded Feb 26, 2025, filed Feb 27, 2025.

Warning score
0
Value
$20k
10,000 shares
Holdings after
927,479
-1% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    President
    +20
  • Trade size
    $20k at market
    0
  • Share of holdings sold
    Sold 1.1% of holdings
    0
  • Cluster
    No other insider selling within 14 days
    0
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +10.3%, 3m 0.0%, 6m -5.4%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

HGBLOct 9, 2026 · close 1.25
Since filing Feb 27, 2025: -38.7%SPY +35.7% · excess -74.4%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000950170-25-028643, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 26, 2025SOpen-market sale
Common Stock10b5-1
-10,000$2.02$20k927,479Feb 27, 2025

Related signals

Other insiders at Heritage Global Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
3Weak
HGBLsell 210b5-1
Heritage Global Inc.
James Edward Sklar
EVP, Gen Counsel & Secretary
$3,175
2,500 shares
-1%
39Weak
HGBLbuy
Heritage Global Inc.
William L Burnham
director
$399k
300,000 shares
-
54Moderate
HGBLsell 2
Heritage Global Inc.
Ross Dove
CEO
$399k
300,000 shares
-13%
0Weak
HGBLsell10b5-1
Heritage Global Inc.
James Edward Sklar
EVP, Gen Counsel & Secretary
$3,175
2,500 shares
-1%
58Moderate
HGBLbuy 3
Heritage Global Inc.
Brian J. Cobb
CFO
$22k
20,000 shares
+9%
62Notable
HGBLbuy 3
Heritage Global Inc.
Nicholas Kirk Dove
President, Industrial Assets
$66k
60,000 shares
+48%
51Moderate
HGBLbuy 3
Heritage Global Inc.
Bruce Kenneth Hounsell
President, Heritage DebtX LLC
$11k
10,000 shares
-
49Moderate
HGBLbuy
Heritage Global Inc.
Nicholas Kirk Dove
President, Industrial Assets
$32k
26,000 shares
+26%
0Weak
HGBLsell10b5-1
Heritage Global Inc.
James Edward Sklar
EVP, Gen Counsel & Secretary
$4,966
3,734 shares
-1%
0Weak
HGBLsell10b5-1
Heritage Global Inc.
James Edward Sklar
EVP, Gen Counsel & Secretary
$5,041
3,734 shares
-1%

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 sold $20k of HGBL | InsiderTell