LGL Group approves new compensation for Executive Chairman Marc Gabelli; base salary $250K, stock awards

LGL GROUP INC

Annual base salary of $250,000 effective January 1, 2026, allocated equally among company roles.
Grant of options for 100,000 shares: 60% vests immediately, 20% at first and second anniversaries.
One-time award of 50,000 immediate-vesting options at 120% FMV and 50,000 restricted shares vesting 1/3 annually.
Options have a five-year term; 100,000 options at FMV grant date, 50,000 options at 120% of FMV.
Gabelli remains eligible for benefit plans generally available to executive officers.

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