LGL VP sells 10,000 stock subscription rights
LGL GROUP INC (LGL) reports that Vice President Tiffany Renee Hayden sold 10,000 Subscription Rights on July 15, 2026 at $0.0062 per right.
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Rhea-AI Filing Summary
LGL GROUP INC (LGL) reports that Vice President Tiffany Renee Hayden sold 10,000 Subscription Rights on July 15, 2026 at $0.0062 per right. Each right entitled the holder to purchase one share of common stock at an exercise price of $6.90 per share.
Following this transaction, Hayden directly holds 10,000 shares of common stock, including 3,333 fully vested shares and 6,667 restricted shares. Of the restricted shares, 3,333 are scheduled to vest on January 16, 2027 and 3,334 on January 16, 2028, in each case under the applicable award agreement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Subscription Rights (right to purchase) F2 | 10,000 | $0.0062 | $62.00 |
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (2)
- F1. Includes 3,333 shares that are fully vested and unrestricted as of the filing date and 6,667 shares that are restricted and subject to vesting, of which 3,333 shares vest on January 16, 2027 and 3,334 shares vest on January 16, 2028, in each case subject to the terms and conditions of the applicable award agreement.
- F2. On June 5, 2026, holders of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), received one transferable subscription right (the "Rights") for each share of Common Stock held by such holder as of June 4, 2026. When exercisable, one (1) Right will entitle their holder to purchase one (1) share of Common Stock at an exercise price of $6.90 per share.
Key Figures
Key Terms
Subscription Rights financial
transferable subscription right financial
exercise price financial
restricted financial
vesting financial
FAQ
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What insider transaction did LGL (LGL) disclose for Tiffany Renee Hayden?
What are the key terms of the Subscription Rights reported by LGL (LGL)?
AI-generated analysis. How Rhea-AI works. Not financial advice.