secwatch.observer — SEC 8-K summary
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Issuer:     LGL GROUP INC (LGL)
CIK:        0000061004
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001437749-26-001772
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/61004/000143774926001772/0001437749-26-001772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61004/000143774926001772/lglg20251219_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-001772

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