Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On March 25, 2026, the Board of Directors of The LGL Group, Inc. (the "Company"), upon recommendation of the Compensation Committee, approved a modification to the compensatory arrangement for Jason Lamb, Chief Executive Officer. Effective January 5, 2026, the date on which Mr. Lamb commenced his service as Chief Executive Officer, Mr. Lamb will be entitled to receive an annual base salary of $190,000, subject to annual review by the Board of Directors. This salary is in addition to the $60,000 incentive draw previously disclosed in Amendment No. 1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on January 9, 2026. Except as described above, there were no other changes to Mr. Lamb's compensation arrangements.
LGL Lgl Group Inc - 8-K
Accession
0001437749-26-0103245.02
Item 5.02 - Departure/Election of Directors or Certain Officers
142 words