STOCK TITAN

Legacy Education CEO trust sells 5,000 shares

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Legacy Education Inc. (LGCY) reported that Chief Executive Officer and director LeeAnn Rohmann, through The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025, sold 5,000 shares of common stock on August 10, 2026 in a sale in open market or private transaction under an affirmed Rule 10b5-1 trading plan.

The shares were sold at a weighted-average price of $10.5559 per share, with individual sale prices ranging from $10.3750 to $10.68. After this transaction, the trust indirectly holds 873,123 shares, over which LeeAnn Rohmann, as trustee, has the right to vote and dispose.

Positive

  • None.

Negative

  • None.
Insider Rohmann LeeAnn
Role Chief Executive Officer
Sold 5,000 shs ($53K)
Type Security Shares Price Value
Sale Common Stock F1, F2 5,000 $10.5559 $53K
Holdings After Transaction: Common Stock — 873,123 shares (Indirect, The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025)
Footnotes (2)
  1. F1. This sales price reflects a weighted average of multiple prices ranging from $10.3750 to $10.68. Full information regarding the number of shares sold at each price will be provided to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer upon request.
  2. F2. LeeAnn Rohmann is the Trustee of The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025 and in such capacity has the right to vote and dispose of the securities held by such trust.
Shares sold 5,000 shares Common stock sold on August 10, 2026 by the CEO’s related trust
Weighted-average sale price $10.5559 per share Average price for the 5,000 shares sold on August 10, 2026
Sale price range $10.3750–$10.68 per share Range of individual trade prices for the August 10, 2026 sale
Shares held after transaction 873,123 shares Indirectly held by The LeeAnn Rollings Rohmann Trust after the sale
Rule 10b5-1 status Affirmed trading plan Form 4 indicates transactions were under a Rule 10b5-1 trading plan
Rule 10b5-1 trading plan regulatory
"transactions were made under an affirmed Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
indirect ownership financial
"The holding is reported as indirect ownership, held through the trust"
weighted-average price financial
"shares were sold at a weighted-average price of $10.5559 per share"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
Trustee financial
"LeeAnn Rohmann is the Trustee of The LeeAnn Rollings Rohmann Trust"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

FAQ

What insider transaction did Legacy Education Inc. (LGCY) report on this Form 4?

Legacy Education Inc. reported that CEO and director LeeAnn Rohmann, via a related trust, sold 5,000 shares of common stock on August 10, 2026 in a sale in open market or private transaction.

At what price were the 5,000 Legacy Education (LGCY) shares sold by the CEO’s trust?

The 5,000 shares were sold at a weighted-average price of $10.5559 per share, with individual trade prices ranging from $10.3750 to $10.68, according to the filing’s footnote.

How many Legacy Education (LGCY) shares does the CEO’s trust hold after this sale?

After the reported transaction, The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025 indirectly holds 873,123 shares of Legacy Education common stock, as stated in the Form 4.

Was the Legacy Education (LGCY) insider sale made under a Rule 10b5-1 trading plan?

Yes. The Form 4 indicates that the reported transactions were made under an affirmed Rule 10b5-1 trading plan, which is a pre-arranged trading program for insiders.

Does LeeAnn Rohmann have voting and investment power over the Legacy Education (LGCY) shares held in the trust?

Yes. A footnote states that LeeAnn Rohmann is the Trustee of The LeeAnn Rollings Rohmann Trust and in that capacity has the right to vote and dispose of the securities held by the trust.

Is the Legacy Education (LGCY) insider holding reported on this Form 4 direct or indirect?

The holding is reported as indirect ownership, held through The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025, with LeeAnn Rohmann serving as trustee.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Rohmann LeeAnn

(Last)(First)(Middle)
C/O LEGACY EDUCATION INC.
701 W AVENUE K, SUITE 123

(Street)
LANCASTER CALIFORNIA 93534

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Legacy Education Inc. [ LGCY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/10/2026S5,000D$10.5559(1)873,123IThe LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This sales price reflects a weighted average of multiple prices ranging from $10.3750 to $10.68. Full information regarding the number of shares sold at each price will be provided to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer upon request.
2. LeeAnn Rohmann is the Trustee of The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025 and in such capacity has the right to vote and dispose of the securities held by such trust.
/s/ LeeAnn Rohmann09/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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