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LGL GROUP INC·4

Mar 30, 7:26 PM ET

Kalha Manjit 4

Research Summary

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LGL Group Director Manjit Kalha Receives 2,067-Share Award

What Happened
Manjit Kalha, a director of LGL Group Inc. (LGL), was granted 2,067 shares on 2026-03-26 as an award/other acquisition (transaction code A). The grant price is reported as $0.00, so no cash was exchanged at grant. These are restricted/awarded shares that will vest on 2029-03-26.

Key Details

  • Transaction date: 2026-03-26; Filing date (Accession 0001437749-26-010420): 2026-03-30 (filed within two business days — timely).
  • Shares acquired: 2,067; Price per share: $0.00; Reported total acquisition value: $0.
  • Vesting/footnote: Shares vest 3 years from grant on 2029-03-26 (Footnote F1).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Transaction code: A = Award/Other acquisition.

Context
This was a compensatory award, not an open-market purchase or sale. Grants of restricted shares to directors are common as compensation and do not by themselves indicate a buy/sell signal; the award will convert to owned shares only if vesting conditions are met.