STOCK TITAN

Marc Gabelli awarded 2,067 LGL (NYSE: LGL) shares vesting in 2029

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GABELLI MARC reported acquisition or exercise transactions in this Form 4 filing.

LGL Group Inc. director and ten percent owner Marc Gabelli received a grant of 2,067 shares of Common Stock as compensation, at a stated price of $0.0000 per share. These shares vest three years from the grant date, on March 26, 2029, bringing his direct holdings to 146,381 shares.

Positive

  • None.

Negative

  • None.
Insider GABELLI MARC
Role Director, 10% Owner
Type Security Shares Price Value
Grant/Award Common Stock 2,067 $0.00 --
Holdings After Transaction: Common Stock — 146,381 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted 2,067 shares Common Stock grant on March 26, 2026
Grant price per share $0.0000 per share Recorded grant price for the award
Total holdings after grant 146,381 shares Direct Common Stock owned following transaction
Vesting date March 26, 2029 Shares vest three years from grant date
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vest financial
"These shares vest 3 years from the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
ten percent owner financial
"is_ten_percent_owner: 1"
SEC Form 4
FORM 4UNITED 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 MARC

(Last)(First)(Middle)
189 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)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/26/2026A2,067(1)A$0146,381D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares vest 3 years from the date of grant, on 3/26/2029.
/s/ Marc Gabelli03/30/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did LGL (LGL) report for Marc Gabelli?

LGL reported that director and ten percent owner Marc Gabelli received a grant of 2,067 shares of Common Stock. The award was recorded at a price of $0.0000 per share and increased his direct holdings to 146,381 shares after the transaction.

When do Marc Gabelli’s newly granted LGL (LGL) shares vest?

The 2,067 Common Stock shares granted to Marc Gabelli vest three years from the grant date. According to the footnote, they vest on March 26, 2029, meaning he must remain eligible through that date to receive the full award.

How many LGL (LGL) shares does Marc Gabelli hold after this Form 4 grant?

After receiving the 2,067-share grant, Marc Gabelli directly holds a total of 146,381 shares of LGL’s Common Stock. This figure is reported as the total shares following the transaction in the Form 4 non-derivative transaction table.

What does transaction code "A" mean in the LGL (LGL) Form 4 filing?

In this Form 4, transaction code "A" indicates a grant, award, or other acquisition of securities. For Marc Gabelli, it reflects a compensatory award of 2,067 Common Stock shares rather than an open-market purchase or sale, with no cash price paid per share.

Is Marc Gabelli’s LGL (LGL) share award a market purchase or compensation grant?

The filing shows Marc Gabelli’s 2,067 shares as a grant or award, coded "A" and priced at $0.0000 per share. This structure indicates a compensation-related equity award, not an open-market purchase transaction on an exchange or through a broker.