Director at LGL Group (NYSE: LGL) receives 2,067-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kalha Manjit reported acquisition or exercise transactions in this Form 4 filing.
LGL Group Inc. director Manjit Kalha received a grant of 2,067 shares of common stock on March 26, 2026 as equity compensation, at a stated price of $0.00 per share. These shares vest three years from the grant date, on March 26, 2029. Following this award, Kalha directly holds 32,060 shares of LGL Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kalha Manjit
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,067 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,060 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,067 shares
Grant price: $0.00 per share
Post-transaction holdings: 32,060 shares
+1 more
4 metrics
Shares granted
2,067 shares
Common stock grant to director on March 26, 2026
Grant price
$0.00 per share
Stated price for equity award shares
Post-transaction holdings
32,060 shares
Director’s direct LGL common stock holdings after grant
Vesting date
March 26, 2029
Grant vests three years from grant date
Key Terms
Grant, award, or other acquisition, Common Stock, vest, Form 4
4 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did LGL (LGL) report for Manjit Kalha?
LGL reported that director Manjit Kalha received a grant of 2,067 shares of common stock. The grant was recorded at a price of $0.00 per share as equity compensation and increases his direct ownership stake in the company.
Was the LGL (LGL) transaction a market purchase or a compensation grant?
The Form 4 shows the transaction as a grant, award, or other acquisition of 2,067 shares at $0.00 per share. That indicates it is an equity compensation award to director Manjit Kalha rather than an open-market purchase of LGL shares.
Does the LGL (LGL) filing show any insider sales by Manjit Kalha?
The reported activity is limited to an acquisition of 2,067 shares through a compensation grant. The transaction summary in the filing lists no sales, dispositions, or derivative exercises by director Manjit Kalha in this particular Form 4 submission.