LGL Group (NYSE: LGL) CEO adds 50,000 shares, holds options on 50,000 more
Rhea-AI Filing Summary
LGL Group Inc. Chief Executive Officer Jason D. Lamb exercised subscription rights to acquire 50,000 shares of common stock at $6.90 per share on July 15, 2026. Following this exercise, he directly holds 100,000 common shares and retains fully vested stock options covering 50,000 additional shares at an exercise price of $7.66 expiring January 16, 2031.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
3 txns
Insider
Lamb Jason D
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Subscription Rights (right to purchase) F2 | 50,000 | $0.00 | $0.00 |
| In-the-Money Exercise | Common Stock | 50,000 | $6.90 | $345K |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
Holdings After Transaction:
Subscription Rights (right to purchase) — 0 shares (Direct);
Common Stock — 100,000 shares (Direct);
Stock Option (right to buy) — 50,000 shares (Direct)
Footnotes (2)
- F1. All options reported in this Form 4 are fully vested as of the date of grant on January 16, 2026.
- F2. On June 8, 2026, holders of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), received one subscription right (the "Rights") for each share of Common Stock held by such holder as of June 4, 2026. When exercisable, one (1) Right entitled their holder to purchase one share of Common Stock at an exercise price of $6.90 per share.
Key Figures
Shares acquired via subscription rights: 50,000 shares
Exercise price of subscription rights: $6.90 per share
Common shares owned after transaction: 100,000 shares
+2 more
5 metrics
Shares acquired via subscription rights
50,000 shares
Subscription Rights exercised on July 15, 2026 at $6.90 per share
Exercise price of subscription rights
$6.90 per share
Exercise of Subscription Rights for LGL common stock
Common shares owned after transaction
100,000 shares
Direct LGL common stock holdings following July 15, 2026 exercise
Underlying shares for remaining stock options
50,000 shares
Stock Option (right to buy) expiring January 16, 2031
Stock option exercise price
$7.66 per share
Exercise price of Stock Option (right to buy) over 50,000 shares
Key Terms
Subscription Rights (right to purchase), Stock Option (right to buy), exercise price, underlying security
4 terms
Subscription Rights (right to purchase) financial
"Security title reported as "Subscription Rights (right to purchase)""
Stock Option (right to buy) financial
"Derivative holding titled "Stock Option (right to buy)" over common stock"
exercise price financial
"Each Right entitled the holder to purchase one share at an exercise price of $6.90"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
underlying security financial
"Underlying security title identified as Common Stock for the derivative positions"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LGL (LGL) report for CEO Jason D. Lamb?
LGL reported that CEO Jason D. Lamb exercised subscription rights to acquire 50,000 common shares at $6.90 per share on July 15, 2026, increasing his direct holdings to 100,000 LGL common shares.
What were the terms of the LGL (LGL) subscription rights exercised by the CEO?
Each subscription right entitled the holder to purchase one share of LGL common stock at an exercise price of $6.90 per share. Rights were distributed on June 8, 2026, one right for each share held as of June 4, 2026.
What LGL (LGL) stock options does Jason D. Lamb continue to hold?
Jason D. Lamb holds stock options over 50,000 LGL common shares with an exercise price of $7.66 per share, expiring on January 16, 2031. All options reported are fully vested as of the grant date, January 16, 2026.
Was the July 15, 2026 LGL (LGL) insider transaction a sale or an acquisition?
The July 15, 2026 activity was an acquisition via exercise of derivative securities. The Form 4 uses the acquired/disposed code "A" for both the subscription rights exercise and the resulting 50,000 common shares, and it reports no sale transactions.