---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-001095"
form_type: "8-K"
ticker: "HGBL"
cik: "0000849145"
company_name: "Heritage Global Inc."
filed_at: "2025-01-03T23:59:59+00:00"
generated_at: "2026-05-28T16:44:49.521023+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Heritage Global sets 2025-2028 compensation plan for CFO Brian Cobb

## Summary
- Annual base salary of $300,000 for 2025-2028.
- Eligible for discretionary cash bonus up to 20% of base based on CEO performance assessment.
- Additional bonuses of 10% each if net operating income exceeds $10M and $12M respectively.
- Received restricted stock award of 125,000 shares vesting equally over four years.

## SEC filing metadata
- accession: 0000950170-25-001095
- form_type: 8-K
- ticker: HGBL
- cik: 0000849145
- company_name: Heritage Global Inc.
- filed_at: 2025-01-03T23:59:59+00:00
- event_type: other_material
- 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/849145/000095017025001095/0000950170-25-001095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849145/000095017025001095/hgbl-20241231.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-001095
- JSON: https://secwatch.observer/filing/0000950170-25-001095.json
- Plain text: https://secwatch.observer/filing/0000950170-25-001095.txt

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