Legacy Education (LGCY) director sells 2,000 common shares on market
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 2,000 shares ($28,301)
Net Sell
1 txn
Insider
Amato Gerald
Role
Director
Sold
2,000 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $14.1504 | $28K |
Holdings After Transaction:
Common Stock — 63,000 shares (Direct)
Footnotes (1)
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.
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.