Legacy Education (LGCY) director granted 29,354 options at $9.51
Legacy Education Inc. (LGCY) reported an insider equity award on a Form 4.
Rhea-AI Filing Summary
Legacy Education Inc. (LGCY) reported an insider equity award on a Form 4. A director received an option to purchase 29,354 shares of common stock at an exercise price of $9.51 per share, granted on October 16, 2025.
The option was issued under the company’s Amended and Restated 2021 Equity Incentive Plan and vests in equal monthly installments over three years, beginning one month after the grant date. The option expires on October 16, 2035.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 29,354 shares
Grant/Award
1 txn
Insider
Paulson Janis L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (Right to Buy) | 29,354 | $0.00 | $0.00 |
Holdings After Transaction:
Option (Right to Buy) — 29,354 contracts (Direct)
Footnotes (1)
- F1. On October 16, 2025, the Reporting Person was granted an option ("Option") to purchase up to 29,354 shares of the Registrant's common stock pursuant to the Registrant's Amended and Restated 2021 Equity Incentive Plan. The Option shall vest in equal monthly installments over a three year period with the first tranche vesting on the first month anniversary of the date of grant.
FAQ
What did Legacy Education (LGCY) disclose in this Form 4?
A director was granted a stock option to purchase 29,354 shares at an exercise price of $9.51 per share.
When was the LGCY stock option granted?
The option was granted on October 16, 2025.
What is the exercise price and size of the LGCY option grant?
The option covers 29,354 shares at an exercise price of $9.51 per share.
How does the LGCY option vest?
It vests in equal monthly installments over three years, starting one month after the grant date.
When does the LGCY option expire?
The option expires on October 16, 2035.
Under what plan was the LGCY option granted?
It was granted under the Amended and Restated 2021 Equity Incentive Plan.
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