Form 4: Heritage Global CFO Brian J. Cobb Reports Stock Transaction
SEC Form 4 Filing
Brian J. Cobb, CFO of Heritage Global Inc., reports the withholding of 6,408 common stock shares to cover tax obligations on restricted stock.
Summary
- On March 25, 2025, Brian J. Cobb, the CFO of Heritage Global Inc., reported a transaction involving the company's common stock.
- A total of 6,408 shares were withheld by Heritage Global Inc. to satisfy tax withholding requirements related to restricted stock.
- The price per share for the transaction was $2.11.
- Following the transaction, Cobb directly owns 225,353 shares of Heritage Global Inc. common stock.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine disclosure of a stock transaction related to tax obligations, and does not inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of stock transaction (tax withholding) |
| 03/26/2025 | Date of signature on the report |
Keywords
Form 4, Heritage Global Inc., HGBL, Brian J. Cobb, CFO, Stock Transaction, Beneficial Ownership, Tax Withholding, Restricted Stock
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