---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-010939"
form_type: "8-K"
ticker: "HGBL"
cik: "0000849145"
company_name: "Heritage Global Inc."
filed_at: "2022-05-31T23:59:59+00:00"
generated_at: "2026-06-25T06:05:36.415633+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Heritage Global approves CFO Brian Cobb's compensation plan; base salary $250K

## Summary
- Base salary of $250,000 for years 2022-2024.
- Up to 20% discretionary bonus based on CEO assessment of performance and risk mitigation.
- Up to 30% bonus tied to operating income thresholds: $7.25M (10%), $10.5M (10%), $12.5M (10%).
- Bonuses paid in restricted stock valued at date of annual earnings report.

## SEC filing metadata
- accession: 0000950170-22-010939
- form_type: 8-K
- ticker: HGBL
- cik: 0000849145
- company_name: Heritage Global Inc.
- filed_at: 2022-05-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849145/000095017022010939/0000950170-22-010939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849145/000095017022010939/hgbl-20220524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-010939
- JSON: https://secwatch.observer/filing/0000950170-22-010939.json
- Plain text: https://secwatch.observer/filing/0000950170-22-010939.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.