Legacy Housing (LEGH) grants CFO 25,189 employee stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Legacy Housing Corp reported that Chief Financial Officer Jon Langbert received a grant of employee stock options for 25,189 shares of common stock on December 19, 2025. The options have an exercise price of $19.85 per share and expire on December 19, 2035.
The option award vests in five equal annual installments beginning on December 19, 2026, aligning the CFO’s long‑term incentives with company performance. After this grant, Langbert holds options covering 25,189 shares directly, according to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Langbert Jon
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 25,189 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 25,189 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Legacy Housing Corp (LEGH) report for its CFO?
Legacy Housing reported a stock option grant to CFO Jon Langbert covering 25,189 shares on December 19, 2025. The options are an employee stock option award, not an open‑market purchase, and represent a compensation-related acquisition of derivative securities.
What are the key terms of the CFO stock options at Legacy Housing (LEGH)?
The CFO’s employee stock options cover 25,189 shares of common stock with an exercise price of $19.85 per share. They expire on December 19, 2035, providing a long-dated incentive tied to Legacy Housing’s future share price performance over the coming years.
How do the Legacy Housing (LEGH) CFO options vest over time?
The option grant vests in five equal annual installments beginning on December 19, 2026. This means one-fifth of the 25,189 options becomes exercisable each year over five years, encouraging long-term retention and alignment with company performance.
Did the Legacy Housing (LEGH) CFO buy or sell common stock in this Form 4?
The filing shows a grant of employee stock options, not a market trade in common stock. CFO Jon Langbert acquired derivative securities as compensation, with underlying rights to 25,189 common shares at a fixed $19.85 exercise price per share.
What is the CFO’s option position after the reported Legacy Housing (LEGH) grant?
After the reported transaction, CFO Jon Langbert holds employee stock options covering 25,189 shares directly. These options are subject to the five-year vesting schedule beginning December 19, 2026 and remain exercisable until their December 19, 2035 expiration date.