Curtis Drew Hodgson - Mar 11, 2024 Form 4 Insider Report for Legacy Housing Corp (LEGH)

Signature
/s/ Max M. Africk, by Power of Attorney
Stock symbol
LEGH
Transactions as of
Mar 11, 2024
Transactions value $
-$436,252
Form type
4
Date filed
3/12/2024, 05:46 PM
Previous filing
Mar 4, 2024
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEGH Common Stock, par value $0.001 per share ("Common Stock") Sale -$301K -12K -1.63% $25.10 721K Mar 11, 2024 Direct F1
transaction LEGH Common Stock Sale -$136K -5.43K -0.75% $25.01 715K Mar 12, 2024 Direct F1
holding LEGH Common Stock 1M Mar 11, 2024 By Hodgson Ventures F2
holding LEGH Common Stock 2.67M Mar 11, 2024 By Hodgson 2015 Grandchild's Trust F3
holding LEGH Common Stock 100K Mar 11, 2024 By Cusach, Inc. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to the 10b5-1 Plan dated March 29, 2023. The price reported represents the weighted average price of shares sold.
F2 Shares of Common Stock owned directly by Hodgson Ventures, a Texas limited partnership ("Hodgson Ventures"). Mr. Hodgson, as the general partner of Hodgson Ventures, may be deemed to beneficially own the shares of Common Stock owned directly by Hodgson Ventures.
F3 Shares of Common Stock owned directly by Hodgson 2015 Grandchild's Trust ("Hodgson Trust"). Mr. Hodgson shares voting and investment power with respect to such shares and therefore may be deemed to beneficially own the shares of Common Stock owned directly by the Hodgson Trust.
F4 Shares of Common Stock owned directly by Cusach, Inc. ("Cusach"). Mr. Hodgson controls Cusach and therefore may be deemed to beneficially own the shares of Common Stock owned directly by Cusach.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney. Submitted by Max M. Africk on behalf of Curtis D. Hodgson pursuant to the October 23, 2023 Power of Attorney.