Biles Linda M 4

What Happened

• Linda M. Biles, Vice President and Controller of LGL Group, was granted 10,000 restricted shares on January 16, 2026. The shares were issued at $0.00 per share (award/compensation), so the reported acquisition value is $0. This is an award (code A), not a purchase or sale.

Key Details

• Transaction date: 2026-01-16; Form 4 filed: 2026-01-21.
• Transaction type/code: Award/Grant (A); price: $0.00; shares granted: 10,000.
• Vesting/footnote: 3,333 shares vested immediately; 3,333 shares vest on Jan 16, 2027; 3,334 shares vest on Jan 16, 2028.
• Shares owned after transaction: not specified in the information provided on this summary.
• No indication in the filing of a 10b5-1 plan, sale, exercise, or tax-withholding event related to these shares.

Context

• This grant is a compensatory award to an executive and represents restricted stock subject to time-based vesting; awards are common for retention and compensation and do not by themselves signal a market purchase. Because the grant price is $0.00, it should be read as a compensation grant rather than an out-of-pocket purchase.