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Legacy Education (LGCY) director sells 2,000 common shares on market

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Legacy Education Inc. director Gerald Amato reported an open‑market sale of common stock. He sold 2,000 shares of Legacy Education common stock at an average price of $14.1504 per share. After this transaction, he directly owns 63,000 shares of the company’s common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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).
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*
Amato Gerald

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

(Street)
LANCASTER CA 93534

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Legacy Education Inc. [ LGCY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 S 2,000 D $14.1504 63,000 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ LeeAnn Rohmann, Attorney-in-Fact for Gerald Amato 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Legacy Education Inc. (LGCY) disclose?

Legacy Education Inc. disclosed that director Gerald Amato sold 2,000 shares of common stock. The sale was an open-market transaction at an average price of $14.1504 per share, as reported in a Form 4 insider trading filing.

How many Legacy Education (LGCY) shares did the director sell and at what price?

Director Gerald Amato sold 2,000 Legacy Education common shares at an average price of $14.1504. This was an open-market sale, meaning the trade occurred on the public market rather than through a private or company-arranged transaction.

How many Legacy Education (LGCY) shares does Gerald Amato own after the sale?

After selling 2,000 shares, director Gerald Amato directly owns 63,000 shares of Legacy Education common stock. This remaining holding reflects his direct ownership position following the reported open-market sale on the disclosed transaction date.

Was the Legacy Education (LGCY) insider trade a buy or a sell?

The Legacy Education insider trade was a sale. Director Gerald Amato executed an open-market sale of 2,000 common shares, as indicated by transaction code “S” and the description “Sale in open market or private transaction” in the Form 4 filing.

What does transaction code "S" mean in the Legacy Education (LGCY) Form 4?

Transaction code “S” in the Form 4 for Legacy Education indicates a sale of securities. In this case, it reflects Gerald Amato’s open-market sale of 2,000 common shares at an average price of $14.1504 per share, reducing his direct holdings.

Is Gerald Amato’s Legacy Education (LGCY) transaction reported as direct or indirect ownership?

Gerald Amato’s transaction is reported under direct ownership. The Form 4 lists the ownership code as “D,” meaning he holds these Legacy Education common shares in his own name rather than through an intermediary entity or indirect structure.
Legacy Education Inc

NYSE:LGCY

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175.95M
9.43M
Education & Training Services
Services-educational Services
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United States
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