LGL EVP awarded 10,000 restricted shares
LGL Group Inc. reported that executive vice president of business development Patrick Huvane received a grant of common stock.
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Rhea-AI Filing Summary
LGL Group Inc. reported that executive vice president of business development Patrick Huvane received a grant of common stock. On January 16, 2026, he was awarded 10,000 shares of LGL common stock at a price of $0 per share, indicating this was an equity compensation grant rather than an open-market purchase.
According to the filing, these are restricted shares subject to vesting. The vesting schedule covers three years: 3,333 shares vest immediately, another 3,333 shares vest on January 16, 2027, and the remaining 3,334 shares vest on January 16, 2028. After this award, Huvane beneficially owned 10,000 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted shares, subject to vesting: 3,333 shares immediately; 3,333 shares on January 16, 2027; and 3,334 shares on January 16, 2028.
FAQ
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Who is the insider in the LGL (LGL) Form 4 filing?
What transaction did Patrick Huvane report in this LGL (LGL) Form 4?
What type of security is involved in this LGL (LGL) insider transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.