secwatch.observer — SEC 8-K summary
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Issuer:     Heritage Global Inc. (HGBL)
CIK:        0000849145
Form:       8-K
Filed at:   2025-01-03T23:59:59+00:00
Accession:  0000950170-25-001095
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849145/000095017025001095/0000950170-25-001095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849145/000095017025001095/hgbl-20241231.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-001095

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer