[Form 4] LGL GROUP INC Insider Trading Activity
Rhea-AI Filing Summary
LGL Group Inc. executive Patrick Huvane, EVP – Business Development, reported a routine equity compensation-related transaction. On January 21, 2026, 1,379 shares of common stock were withheld by LGL Group at $6.75 per share to cover tax withholding obligations. This withholding was tied to the vesting of 3,333 shares of restricted stock on January 16, 2026. After this transaction, Huvane beneficially owned 8,621 shares of LGL Group common stock directly.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did LGL (LGL) report for Patrick Huvane?
The filing shows that on January 21, 2026, EVP – Business Development Patrick Huvane had 1,379 shares of LGL Group common stock withheld by the issuer to satisfy tax withholding obligations related to restricted stock vesting.
What does the Form 4 transaction code "F" mean for LGL (LGL)?
The transaction code "F" indicates that 1,379 shares of LGL Group common stock were withheld by the issuer to pay taxes due upon the vesting of restricted stock, rather than representing an open-market purchase or sale.
How many LGL Group (LGL) shares does Patrick Huvane own after this transaction?
After the January 21, 2026 withholding transaction, Patrick Huvane beneficially owned 8,621 shares of LGL Group common stock directly.
What restricted stock event triggered the tax withholding for LGL (LGL)?
The issuer withheld shares on January 21, 2026 to cover taxes arising from the vesting of 3,333 shares of restricted stock on January 16, 2026.
Is the LGL (LGL) Form 4 transaction an open-market sale by the executive?
No. The Form 4 states that the 1,379 shares were withheld by the issuer to satisfy tax withholding obligations tied to restricted stock vesting, not sold in the open market.
What is Patrick Huvane’s role at LGL Group (LGL) according to the filing?
According to the Form 4, Patrick Huvane serves as EVP – Business Development of LGL Group Inc.