LGL GROUP INC 8-K/A

What Happened
LGL Group Inc. (LGL) filed an 8-K on January 9, 2026 reporting that on January 5, 2026 the company approved the compensation arrangement for Mr. Lamb in connection with his appointment as Chief Executive Officer. The approved package includes a $60,000 annual draw against incentive compensation, eligibility for incentive payouts tied to identifying, analyzing and managing investment opportunities, and eligibility for a discretionary annual bonus based on individual and company performance.

Key Details

• Compensation approved on January 5, 2026.
• Base Draw: $60,000 per year, taken as an advance against incentive compensation.
• Incentive compensation: eligible for standard payout rates for sourcing/management of investment opportunities, payable to the extent it exceeds the Base Draw plus expenses.
• Discretionary annual bonus: eligibility based on Mr. Lamb’s individual performance and the company’s performance.

Why It Matters
This filing documents the core elements of the new CEO’s pay, showing a mix of a modest guaranteed draw and performance-linked incentives tied to deal sourcing and company results. For investors, the structure signals compensation alignment with investment activity and performance rather than a large fixed salary; it may affect future operating expenses and incentives but the filing does not disclose total potential payouts, equity awards, or other terms.