Director Colin Kilrain receives 2,067-share equity grant at LGL (LGL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kilrain Colin J. reported acquisition or exercise transactions in this Form 4 filing.
LGL Group Inc director Colin J. Kilrain reported receiving a grant of 2,067 shares of common stock as equity compensation. The shares were awarded at no cash cost and will vest three years from the grant date, on March 26, 2029. After this award, he holds 2,067 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kilrain Colin J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,067 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,067 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,067 shares
Grant price per share: $0.00 per share
Shares held after grant: 2,067 shares
+1 more
4 metrics
Shares granted
2,067 shares
Common stock grant on March 26, 2026
Grant price per share
$0.00 per share
Reported transaction price for awarded shares
Shares held after grant
2,067 shares
Direct ownership following the reported transaction
Vesting date
March 26, 2029
Shares vest three years from grant date per footnote
Key Terms
Grant, award, or other acquisition, Common Stock, vest
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"These shares vest 3 years from the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did LGL (LGL) director Colin J. Kilrain report on this Form 4?
Colin J. Kilrain reported receiving a grant of 2,067 shares of LGL Group common stock. The award was classified as a grant or other acquisition and reflects equity-based compensation rather than an open-market purchase or sale.
Is the Colin J. Kilrain Form 4 for LGL a stock purchase or a grant?
The Form 4 shows a stock grant, not a market purchase. Kilrain received 2,067 shares at a reported price of zero, indicating a compensation-related award rather than buying shares on the open market.
Does the LGL Form 4 for Colin J. Kilrain involve any stock sales?
The Form 4 does not report any stock sales by Colin J. Kilrain. It only shows an acquisition coded as a grant or award, with zero shares sold and no disposition transactions disclosed in this filing.