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buyWeak

William L Burnham bought $399k of HGBL

director at Heritage Global Inc.. 300,000 shares at an average of $1.33, traded Sep 25, 2026, filed Sep 29, 2026.

Conviction score
39
Value
$399k
300,000 shares
Holdings after
300,000
change unknown
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    Director
    +15
  • Trade size
    $399k at market
    +16
  • Relative to holdings
    First purchase: no shares before this trade
    +8
  • Price context
    No price history yet
    0
  • Cluster
    No other insider buying within 14 days
    0
  • Repeat buying
    First buy in 90 days
    0
  • Track record
    Too few past buys to judge (0 with prices)
    0

What happened after comparable buys

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.

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 12, 2026 · close 1.26
Since filing Sep 29, 2026: -3.1%SPY +1.8% · excess -4.9%

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 0001193125-26-407271, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 25, 2026POpen-market purchase
Common Stockindirect: By Inductive Capital LP
+300,000$1.33$399k300,00014 d ago

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%
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%
0Weak
HGBLsell10b5-1
Heritage Global Inc.
James Edward Sklar
EVP, Gen Counsel & Secretary
$4,854
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.

William L Burnham bought $399k of HGBL | InsiderTell