Huvane Patrick 4

What Happened

• Patrick Huvane, Executive Vice President – Business Development of LGL Group Inc. (LGL), was granted 10,000 shares on January 16, 2026. The shares were reported as acquired at $0.00 (i.e., a compensation award), with a reported total acquisition value of $0.
• This transaction is an award/grant (not a market purchase or sale) and typically reflects compensation rather than a direct buy or sell by the insider.

Key Details

• Transaction date: January 16, 2026; Filing date: January 21, 2026 (see timeliness note below).
• Price: $0.00 per share; total reported acquisition value: $0.
• Shares acquired: 10,000 restricted shares (award/grant, code A).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote (vesting): 3,333 shares vest immediately; 3,333 shares vest on January 16, 2027; 3,334 shares vest on January 16, 2028.
• Timeliness: The Form 4 was filed five days after the transaction date; Form 4s are normally due within two business days of the transaction, so this filing may fall outside the standard window.

Context

• These are restricted shares subject to a vesting schedule. The immediate vesting of 3,333 shares means a portion became effective right away; the remainder vests over the next two years.
• Because this is a compensation grant (acquisition price $0), it should be viewed primarily as part of executive pay and not necessarily as a direct signal of the insider's view on the stock price.