{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-028913","form_type":"8-K","ticker":"HGBL","cik":"0000849145","company_name":"Heritage Global Inc.","filed_at":"2023-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.427350+00:00","generated_at":"2026-06-13T22:06:25.287717+00:00","sec_items":["1.01","5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Heritage Global finalizes employment terms for division presidents; shareholders re-elect directors and ratify auditor","bullets":["Nick Dove, President of Industrial Assets, gets $250k base salary, bonus up to 10% of division NOI, employment through Dec 31, 2026.","David Ludwig, President of Financial Assets, gets $400k base salary, bonus up to 12% of division NOI, employment through Dec 31, 2027.","At June 14 annual meeting, shareholders elected Michael Hexner, David Ludwig, and William Burnham as Class II directors.","Shareholders ratified UHY LLP as independent auditor for fiscal year ending Dec 31, 2023.","Nick Dove is nephew of CEO Ross Dove; both agreements approved by Compensation Committee."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-028913","json":"https://secwatch.observer/filing/0000950170-23-028913.json","markdown":"https://secwatch.observer/filing/0000950170-23-028913.md","text":"https://secwatch.observer/filing/0000950170-23-028913.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/849145/000095017023028913/0000950170-23-028913-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/849145/000095017023028913/hgbl_8-k_2023_annual_mee.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T22:06:25.287717+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3d22a27a53143849f42eb6d254dabe582cbeff6c","claim":"Heritage Global Inc. shareholders approved To ratify the appointment of UHY LLP as the Company’s independent auditor for the fiscal year ending December 31, 2023 at the 2023-06-14 meeting.","evidence_excerpt":"UHY LLP was ratified as the Company’s independent auditor for the fiscal year ending December 31, 2023. The results of the vote were as follows: For Against Abstentions Broker Non-Votes 25,964,656 19,007 811,103","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/849145/000095017023028913/0000950170-23-028913-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-14"}],"fact_type":"shareholder_vote"},{"claim_id":"e14f204153a2f60305d2b21265a5b676afbbaa88","claim":"Heritage Global Inc. shareholders approved To elect Michael Hexner, David Ludwig and William Burnham as Class II directors at the 2023-06-14 meeting.","evidence_excerpt":"Michael Hexner, David Ludwig and William Burnham were elected to serve as Class II directors. The results of the election were as follows: For Withheld Broker Non- Votes Michael Hexner 13,720,831 742,864 12,331,071 David Ludwig 14,201,276 262,419 12,331,071 William Burnham 14,211,037 252,658 12,331,071","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/849145/000095017023028913/0000950170-23-028913-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-06-14"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}