LGL GROUP INC·4

Mar 30, 7:27 PM ET

Kilrain Colin J. 4

Research Summary

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LGL Group Director Colin Kilrain Receives 2,067-Share Award

What Happened
Colin J. Kilrain, a director of LGL Group Inc. (LGL), was granted 2,067 shares on March 26, 2026. The award is reported at an acquisition price of $0 (code A — award/grant). Because this is an equity award rather than an open-market purchase or sale, it reflects compensation/retention rather than an immediate market bet.

Key Details

  • Transaction date: 2026-03-26 (reported on Form 4 filed 2026-03-30).
  • Transaction type/code: Award/Grant (A). Price reported: $0. Total reported cash value: $0.
  • Vesting: These shares vest three years from the grant date — 2029-03-26 (see footnote).
  • Shares owned after transaction: Not specified in the provided filing data.
  • Timeliness: Filed 2026-03-30 for a 2026-03-26 transaction — appears timely under standard Form 4 rules (filed within required business days).

Context
Restricted-share awards are commonly used for director compensation and retention; they do not necessarily signal a buy/sell decision by the insider. The shares will typically become fully owned by the insider only after the stated vesting date (3/26/2029), at which point any sale or retention would be disclosed in subsequent filings.