8-K - The LGL Group, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

The LGL Group, Inc. modified the compensation arrangement for CEO Jason Lamb, establishing an annual base salary of $190,000 effective from his start date.

Key Takeaways

1CEO Jason Lamb's compensation was modified to include an annual base salary of $190,000, effective January 5, 2026.

2The base salary is in addition to a previously disclosed $60,000 incentive draw.

3The Board of Directors approved the modification upon the Compensation Committee's recommendation on March 25, 2026.

4The salary is subject to annual review by the Board of Directors.

5No other changes were made to Mr. Lamb's compensation arrangements.

Current Report Details

Event Type

Management Change

Disclosure

Mandatory

Variant

8-K

Items Reported

5.02

. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers | |---|

Management Change

$190.0K$60.0K

Executive & Director Changes

Jason Lamb

Chief Executive Officer

Compensation modification

Effective: 2026-01-05

Exhibits (1)

8-K

FORM 8-K