LGL Group (NYSE: LGL) grants Marc Gabelli new 150,000-share option package

Rhea-AI Filing Summary

The LGL Group, Inc. reported that its Board of Directors approved changes to the compensation arrangements for Executive Chairman Marc Gabelli, following a recommendation from the Compensation Committee. On the same date, the Board also approved a one-time equity award for Mr. Gabelli.

The equity award includes a 100,000-share stock option grant that vests based on his continued service, carries an exercise price equal to the fair market value of the common stock on the grant date, and has a five-year term. It also includes a separate 50,000-share stock option grant with an exercise price equal to 120% of the fair market value on the grant date and a five-year term. All awards are subject to the terms of the applicable award agreements and the company’s equity plan.

Insights

Corporate governance and executive compensation analyst

LGL adjusts Executive Chairman pay and grants time-based stock options.

The Board of The LGL Group, Inc. approved revised compensation terms and a one-time equity award for Executive Chairman Marc Gabelli, based on the Compensation Committee’s recommendation. The package centers on two option grants of 100,000 and 50,000 shares, each with a five-year term.

One grant is priced at the fair market value of the common stock on the grant date, while the other is set at 120% of that fair market value, and both require Mr. Gabelli’s continued service for vesting. This design ties a portion of his potential compensation to future share performance and tenure, aligning value realization with stock price outcomes. Actual impact for shareholders depends on future stock price movements and any dilution relative to the company’s overall share base under its equity plan.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 22, 2026 (January 16, 2026)

THE LGL GROUP, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware	001-00106	38-1799862
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2525 Shader Road, Orlando, FL		32804
(Address of Principal Executive Offices)		(Zip Code)

(407) 298-2000

Registrant’s Telephone Number, Including Area Code

(Former Name or Former Address, If Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.01		LGL		NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 16, 2026, the Board of Directors (the "Board") of The LGL Group, Inc. (the "Company"), upon recommendation of the Compensation Committee on December 19, 2025, approved changes to the compensation arrangements for Marc Gabelli, the Company's Executive Chairman of the Board.

The material terms of Mr. Gabelli's compensation arrangements are summarized below:

(i) an annual base salary of $250,000, effective January 1, 2026, allocated equally among his roles at the Company, including as Executive Chairman, and subject to annual review by the Board;

(ii) a grant of stock options to purchase 100,000 shares of the Company's common stock, par value $0.01 per share (the "Common Stock") under the Company's 2021 Incentive Plan (the "Plan"), with the following vesting schedule:

(a) sixty percent (60%) vesting immediately upon grant;

(b) twenty percent (20%) vesting on the first anniversary of the grant date; and

(c) twenty percent (20%) vesting on the second anniversary of the grant date (the "100,000 Option Grant");

(iii) eligibility to participate in the Company's benefit plans and perquisites generally available to its executive officers.

Also on January 16, 2026, the Board of the Company, upon recommendation of the Compensation Committee, approved a one-time equity award to Mr. Gabelli as summarized below:

(i) a grant of stock options to purchase 50,000 shares of Common Stock under the Plan, vesting immediately (the "50,000 Option Grant");

(ii) a grant of 50,000 shares of restricted Common Stock under the Plan, with the following vesting schedule:

(a) one-third (1/3) vesting immediately upon grant;

(b) one-third (1/3) vesting on the first anniversary of the grant date; and

(c) one-third (1/3) vesting on the second anniversary of the grant date; and

The 100,000 Option Grant is subject to Mr. Gabelli's continued service to the Company on each applicable vesting date, has an exercise price equal to the fair market value of the Common Stock on the date of grant, and a contractual term of five (5) years from the grant date. The 50,000 Option Grant has an exercise price equal to 120% of the fair market value of the Common Stock on the date of grant and a contractual term of five (5) years from the grant date.

The foregoing description is qualified in its entirety by the terms of the applicable award agreements and the Plan.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	THE LGL GROUP, INC.
	(Registrant)
Date:  January 22, 2026	By:	/s/ Patrick Huvane
		Name:	Patrick Huvane
		Title:	Executive Vice President - Business Development

FAQ

What executive compensation change did LGL (LGL) disclose in this 8-K?

The Board of The LGL Group, Inc. approved changes to the compensation arrangements for Executive Chairman Marc Gabelli, following a recommendation from the Compensation Committee.

What equity award did Marc Gabelli receive from LGL (LGL)?

Marc Gabelli received a one-time equity award consisting of a 100,000-share stock option grant and a separate 50,000-share stock option grant, each with a five-year contractual term.

How is the exercise price set for Marc Gabelli’s new stock options at LGL?

The 100,000-share option grant has an exercise price equal to the fair market value of the common stock on the grant date, while the 50,000-share option grant has an exercise price equal to 120% of that fair market value.

What vesting conditions apply to Marc Gabelli’s LGL option grants?

The 100,000-share option grant is subject to Marc Gabelli’s continued service to the company on each applicable vesting date, as further detailed in the award agreements and the equity plan.

How long do Marc Gabelli’s new stock options remain exercisable at LGL?

Both the 100,000-share and 50,000-share option grants have a contractual term of five years from the grant date.

Where can investors find the full terms of Marc Gabelli’s LGL equity awards?

The company notes that the summary is qualified in its entirety by the applicable award agreements and the governing equity plan, which contain the full terms.