LGL Group (LGL) EVP granted 10,000 restricted common shares in Form 4
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huvane Patrick
Role
EVP - Business Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,000 shares (Direct)
Footnotes (1)
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FAQ
Who is the insider in the LGL (LGL) Form 4 filing?
The insider is Patrick Huvane, who serves as LGL Group Inc.'s Executive Vice President - Business Development and is a reporting person in this Form 4.
What transaction did Patrick Huvane report in this LGL (LGL) Form 4?
Patrick Huvane reported an acquisition of 10,000 shares of LGL common stock on January 16, 2026, coded as an A transaction, indicating an award or grant.
What type of security is involved in this LGL (LGL) insider transaction?
The transaction involves LGL Group Inc. common stock reported as a non-derivative security in Table I of the Form 4.