Insider Trends: Heritage Global Insider Exercises Options Derivative Securities, Sells for Taxes and Self, Selling Trend Unaffected
05:31 PM EDT, 05/11/2021 (MT Newswires) -- On Mar 11, 2021, 10% Owner, Allan C Silber, exercised options/derivative securities for 75,000 shares. A portion of these optioned shares (12,262 shares) were sold for tax obligations and an additional 613,855 shares were sold for $1,826,806. Silber, after the transactions detailed in the SEC Form 4 filing, controls 3,985,272 company shares of which 374,697 shares are held directly and 3,610,575 shares are owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $12.2 million.
During the most recent 90-day period, previous to the date of this filing, there have been 4 insider transactions reported to the SEC for Heritage Global. These transactions came from the activities of 3 separate insiders that resulted in a net acquisition of 127,510 company shares. In the preceding 90-day window of time, there are no insider transactions for the company.
SEC Story Link http://www.sec.gov/Archives/edgar/data/849145/000120919121031774/xslF345X03/doc4.xml
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