STOCK TITAN

Legacy Education (LGCY) CEO’s trust sells 5,000 shares under 10b5-1 plan

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Legacy Education Inc. director and Chief Executive Officer LeeAnn Rohmann, through The LeeAnn Rollings Rohmann Trust, reported selling 5,000 shares of common stock on 2026-08-10 at a weighted average price of $11.2999 per share under a Rule 10b5-1 trading plan, leaving the trust with 878,123 shares held indirectly.

Positive

  • None.

Negative

  • None.
Insider Rohmann LeeAnn
Role Chief Executive Officer
Sold 5,000 shs ($56K)
Type Security Shares Price Value
Sale Common Stock F1, F2 5,000 $11.2999 $56K
Holdings After Transaction: Common Stock — 878,123 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 $11.16 to $11.445. 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 2026-08-10 by trust associated with CEO
Weighted average sale price $11.2999 per share Weighted average price for 5,000 shares sold; prices ranged $11.16–$11.445
Shares held after transaction 878,123 shares Indirectly held by The LeeAnn Rollings Rohmann Trust after the sale
Rule 10b5-1 regulatory
"The transaction was effected under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
indirect ownership financial
"The shares are held as indirect ownership through a trust"
weighted average financial
"This sales price reflects a weighted average of multiple prices"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
voting and dispositive power financial
"has the right to vote and dispose of the securities held by such trust"

FAQ

What did Legacy Education Inc. (LGCY) disclose in this Form 4?

Legacy Education Inc. reported that CEO and director LeeAnn Rohmann, via a trust, sold 5,000 shares of common stock on 2026-08-10, leaving the trust with 878,123 shares held indirectly after the transaction.

How many Legacy Education (LGCY) shares did the CEO’s trust sell and at what price?

The trust associated with CEO LeeAnn Rohmann sold 5,000 shares of Legacy Education common stock at a $11.2999 weighted average price, with individual sale prices ranging from $11.16 to $11.445 per share.

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

Following the 5,000-share sale, The LeeAnn Rollings Rohmann Trust holds 878,123 shares of Legacy Education common stock indirectly, over which LeeAnn Rohmann has voting and dispositive power as trustee.

Was the Legacy Education (LGCY) CEO’s stock sale under a Rule 10b5-1 plan?

Yes. The filing indicates the transaction was effected under a Rule 10b5-1 trading plan, meaning the sale was made pursuant to a pre-arranged trading agreement rather than being initiated at the insider’s discretion.

Is the Legacy Education (LGCY) CEO’s sale a direct or indirect transaction?

The transaction is reported as indirect ownership. The 5,000 shares were sold by The LeeAnn Rollings Rohmann Trust, for which LeeAnn Rohmann serves as trustee with voting and dispositive power over the securities.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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)
08/10/2026
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$11.2999(1)878,123IThe 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 $11.16 to $11.445. 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 Rohmann08/11/2026
** 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)