David Van Ludwig Heritage Global Inc. (HGBL) insider trading activity

David Van Ludwig is President of subsidiary of Heritage Global Inc.. Currently has a direct ownership of 937,479 shares of HGBL, which is worth approximately $1.89 Million. The most recent transaction as insider was on Feb 19, 2025, when has been sold 10,000 shares (Common Stock) at a price of $2.24 per share, resulting in proceeds of $22,400. This information was disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC).

Shares Held (Direct Ownership) 937K

7.86% 3M change

9.8% 12M change

Total Value Held $1.89 Million

David Van Ludwig Transaction History

Date	Transaction	Value	Shares Traded	Shares Held
Feb 19 2025	SELL Open market or private sale	$22,400 $2.24 p/Share	10,000 Reduced 1.06%	937,479 Common Stock
Feb 12 2025	SELL Open market or private sale	$22,400 $2.24 p/Share	10,000 Reduced 1.04%	947,479 Common Stock
Jan 29 2025	SELL Open market or private sale	$21,300 $2.13 p/Share	10,000 Reduced 1.03%	957,479 Common Stock
Jan 15 2025	SELL Open market or private sale	$20,700 $2.07 p/Share	10,000 Reduced 1.02%	967,479 Common Stock
Jan 08 2025	SELL Open market or private sale	$19,900 $1.99 p/Share	10,000 Reduced 1.01%	977,479 Common Stock
Dec 18 2024	SELL Open market or private sale	$17,500 $1.75 p/Share	10,000 Reduced 1.0%	987,479 Common Stock
Dec 05 2024	SELL Open market or private sale	$17,600 $1.76 p/Share	10,000 Reduced 0.99%	997,479 Common Stock
Dec 03 2024	SELL Open market or private sale	$17,700 $1.77 p/Share	10,000 Reduced 0.98%	1,007,479 Common Stock
Nov 21 2024	SELL Open market or private sale	$16,299 $1.63 p/Share	10,000 Reduced 0.97%	1,017,479 Common Stock
Nov 19 2024	SELL Open market or private sale	$16,100 $1.61 p/Share	10,000 Reduced 0.96%	1,027,479 Common Stock
Aug 15 2023	BUY Open market or private purchase	$6,022 $3.3 p/Share	1,825 Added 0.18%	1,039,304 Common Stock
Aug 14 2023	BUY Open market or private purchase	$14,298 $3.12 p/Share	4,583 Added 0.44%	1,037,479 Common Stock
Mar 28 2022	SELL Payment of exercise price or tax liability	$18,984 $1.36 p/Share	13,959 Reduced 1.33%	1,032,896 Common Stock
Mar 28 2022	BUY Exercise of conversion of derivative security	$14,875 $0.7 p/Share	21,250 Added 1.99%	1,046,855 Common Stock
Mar 23 2022	BUY Open market or private purchase	$10,720 $1.34 p/Share	8,000 Added 0.77%	1,025,605 Common Stock
Aug 25 2021	BUY Exercise of conversion of derivative security	$90,000 $0.45 p/Share	200,000 Added 16.43%	1,017,605 Common Stock

DVL

David Van Ludwig

President of subsidiary

Edwardsville, IL

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