The LGL Group Inc. has approved new compensation arrangements for Marc Gabelli, the company’s Executive Chairman, effective January 1, 2026. Gabelli will receive an annual base salary of $250,000, subject to annual review. He has been granted stock options to purchase 100,000 shares of common stock, with 60% vesting immediately, 20% vesting after one year, and the remaining 20% after two years, at the fair market value on the grant date and a five-year term. Additionally, Gabelli received a one-time equity award consisting of options to purchase 50,000 shares at 120% of the fair market value, vesting immediately, and 50,000 shares of restricted common stock, vesting in thirds over two years.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The LGL Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-001772), on January 22, 2026, and is solely responsible for the information contained therein.