Sinsley Barbara A 4

What Happened

• Barbara A. Sinsley, a director of Heritage Global, Inc. (HGBL), received a grant of 20,000 restricted common shares on March 5, 2026. The shares were awarded at $0.00 per share (total reported value $0) under an award/grant transaction code (A). This is a compensation award (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-03-05; grant price: $0.00 per share; shares awarded: 20,000; total reported value: $0.
• Vesting: 25% on June 5, 2026; 25% on September 5, 2026; 25% on December 5, 2026; 25% on March 5, 2027 (restricted shares per footnote F1).
• Shares owned after the transaction: not specified in the Form 4 filing.
• Filing date: 2026-03-26 — the Form 4 was filed well after the March 5 transaction date (appears late), which delays public transparency about the award.

Context

• This was a restricted stock award typically used for director compensation; the shares vest over time and are not an immediate cash outlay or open‑market purchase. Such awards are routine for board members and do not, by themselves, indicate a buy or sell signal from the insider. The late filing is an administrative detail that can reduce prompt disclosure for investors.