secwatch.observer — SEC 8-K summary
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Issuer:     Heritage Global Inc. (HGBL)
CIK:        0000849145
Form:       8-K
Filed at:   2021-12-23T23:59:59+00:00
Accession:  0001564590-21-061016
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Global appoints Shirley Cho to board, replacing Brendan Ryan
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- Brendan Ryan resigned from Board effective Dec 19, 2021; no disagreement with company.
- Shirley S. Cho appointed as Class III director, effective Dec 20, 2021; also joins Compensation Committee.
- Cho receives $25k annual retainer, $3k supplemental retainer, and conditional 15,000-share restricted stock award.
- Board approved a new standard form of indemnification agreement for all directors and executive officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849145/000156459021061016/0001564590-21-061016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849145/000156459021061016/hgbl-8k_20211219.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-061016

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