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 | -$290K | -11.3K | -2.15% | $25.64 | 515K | Nov 18, 2024 | Direct | F1 |
holding | LEGH | Common Stock | 1M | Nov 18, 2024 | By Hodgson Ventures | F2 | |||||
holding | LEGH | Common Stock | 2.67M | Nov 18, 2024 | By Hodgson 2015 Grandchild's Trust | F3 | |||||
holding | LEGH | Common Stock | 100K | Nov 18, 2024 | By Cusach, Inc. | F4 |
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).
Id | Content |
---|---|
F1 | Shares were sold pursuant to the 10b5-1 Plan dated May 15, 2024. 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. |
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.