LGL insider sells 10,342 subscription rights

LGL GROUP INC insider Mario J. Gabelli reported activity involving common stock and related subscription rights.

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Form Type

Rhea-AI Filing Summary

LGL GROUP INC insider Mario J. Gabelli reported activity involving common stock and related subscription rights. He sold 10,342 subscription rights at $0.012 per right. Each right allows the purchase of common stock at an exercise price of $6.90 per share until June 23, 2026.

After this sale, he holds 660,326 subscription rights directly, linked to the same exercise price and expiration. He also reports 670,668 common shares held directly and 572,324 common shares held indirectly through GGCP, Inc. A footnote states these indirect shares are owned by GGCP, where he is a co-CEO, director and controlling shareholder, and he disclaims beneficial ownership beyond his pecuniary interest.

Insider Trade Summary

Net Seller: 10,342 shares

Net Sell 4 txns

Insider GABELLI MARIO J

Role 10% Owner

Sold 10,342 shs ($124.10)

Type	Security	Shares	Price	Value
Sale	Subscription Rights (right to purchase)	10,342	$0.012	$124.10
holding	Subscription Rights (right to purchase)	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Subscription Rights (right to purchase) — 660,326 contracts (Direct); Subscription Rights (right to purchase) — 572,324 contracts (Indirect, By: GGCP, Inc.); Common Stock — 670,668 shares (Direct); Common Stock — 572,324 shares (Indirect, By: GGCP, Inc.)

Footnotes (1)

F1. These shares are owned by GGCP, Inc. ("GGCP"). Mr. Gabelli is deemed the beneficial owner of the shares owned by GGCP since he is the co-Chief Executive Officer, a director and a controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by GGCP in excess of his pecuniary interest.

Key Figures

Subscription rights sold: 10,342 rights Sale price per right: $0.012 per right Exercise price of rights: $6.90 per share +5 more

8 metrics

Subscription rights sold 10,342 rights Sold at $0.012 per right on June 15, 2026

Sale price per right $0.012 per right Open-market or private sale of subscription rights

Exercise price of rights $6.90 per share Subscription rights to purchase LGL common stock

Rights expiration date June 23, 2026 Subscription rights to buy common stock

Direct common shares 670,668 shares Common stock held directly after reported transactions

Indirect common shares via GGCP 572,324 shares Common stock held indirectly through GGCP, Inc.

Remaining subscription rights (direct) 660,326 rights Subscription rights held directly after sale

Underlying shares for indirect rights 572,324 shares Underlying common stock for indirect subscription rights

Key Terms

Subscription Rights (right to purchase), beneficial owner, pecuniary interest, indirect ownership

4 terms

Subscription Rights (right to purchase) financial

"Subscription Rights (right to purchase) with an exercise price of $6.90"

beneficial owner financial

"Mr. Gabelli is deemed the beneficial owner of the shares owned by GGCP"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

pecuniary interest financial

"disclaims beneficial ownership of the shares held by GGCP in excess of his pecuniary interest"

indirect ownership financial

"These shares are owned by GGCP, Inc. and reported as indirect ownership"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Mario J. Gabelli report in this LGL (LGL) Form 4 filing?

Mario J. Gabelli reported transactions in LGL GROUP INC securities, including selling 10,342 subscription rights. The filing also lists his updated holdings of common stock and remaining rights, both directly and indirectly through GGCP, Inc., after these transactions.

How many LGL GROUP INC subscription rights did Mario J. Gabelli sell?

He sold 10,342 subscription rights in LGL GROUP INC at a price of $0.012 per right. These rights relate to the future purchase of common stock and are separate from his direct and indirect holdings of LGL common shares.

What are the terms of the LGL subscription rights reported by Mario J. Gabelli?

Each subscription right reported has an exercise price of $6.90 per share and expires on June 23, 2026. The rights allow the holder to purchase LGL GROUP INC common stock at that fixed price until the stated expiration date.

What LGL common stock holdings does Mario J. Gabelli report after the transactions?

He reports holding 670,668 LGL GROUP INC common shares directly and 572,324 common shares indirectly through GGCP, Inc. These figures reflect his position as of the reported date and are separate from his subscription right holdings.

How many LGL subscription rights does Mario J. Gabelli still hold after the sale?

Following the sale, he holds 660,326 subscription rights directly, each tied to LGL GROUP INC common stock at a $6.90 exercise price. These rights remain outstanding until their stated expiration date of June 23, 2026.

What does the GGCP, Inc. footnote mean for Mario J. Gabelli’s LGL holdings?

The footnote explains that 572,324 LGL shares are owned by GGCP, Inc., where he is co-CEO, director and controlling shareholder. He is deemed a beneficial owner but disclaims ownership of GGCP-held shares beyond his actual pecuniary interest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/16/2026 - 04:09 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GABELLI MARIO J

(Last)

(First)

(Middle)

191 MASON STREET

(Street)

GREENWICH

CONNECTICUT

06830

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LGL GROUP INC [ LGL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								670,668	D
Common Stock								572,324	I	By: GGCP, Inc.⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Subscription Rights (right to purchase)	$6.9	06/15/2026		S			10,342	06/08/2026	06/23/2026	Common Stock	660,326	$0.012	660,326	D
Subscription Rights (right to purchase)	$6.9							06/08/2026	06/23/2026	Common Stock	572,324		572,324	I	By: GGCP, Inc.⁽¹⁾

Explanation of Responses:

1. These shares are owned by GGCP, Inc. ("GGCP"). Mr. Gabelli is deemed the beneficial owner of the shares owned by GGCP since he is the co-Chief Executive Officer, a director and a controlling shareholder of GGCP. Mr. Gabelli has less than a 100% interest in GGCP and disclaims beneficial ownership of the shares held by GGCP in excess of his pecuniary interest.

	/s/ Douglas R. Jamieson, Attorney-In-Fact for MARIO J. GABELLI	06/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR