Legacy Education CEO sells 5,000 shares
Legacy Education Inc. director and Chief Executive Officer LeeAnn Rohmann reported an open-market sale of 5,000 shares of common stock on July 8, 2026, at a weighted-average price of $11.5005 per share.
Rhea-AI Filing Summary
Legacy Education Inc. director and Chief Executive Officer LeeAnn Rohmann reported an open-market sale of 5,000 shares of common stock on July 8, 2026, at a weighted-average price of $11.5005 per share. The transaction was executed indirectly through The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025, where she serves as trustee with voting and disposition authority. Following this sale, the trust’s reported holdings stand at 883,123 shares of Legacy Education common stock, indicating the sale represents a small portion of the disclosed position.
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
Rohmann LeeAnn
Role
Chief Executive Officer
Sold
5,000 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $11.5005 | $58K |
Holdings After Transaction:
Common Stock — 883,123 shares (Indirect, The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025)
Footnotes (2)
- F1. This sales price reflects a weighted average of multiple prices ranging from $11.39 to $11.5950. 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.
- 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.
Key Figures
Shares sold: 5,000 shares
Sale price: $11.5005 per share
Price range: $11.39–$11.5950 per share
+2 more
5 metrics
Shares sold
5,000 shares
Open-market sale of common stock on July 8, 2026
Sale price
$11.5005 per share
Weighted-average price for the 5,000-share sale
Price range
$11.39–$11.5950 per share
Range of multiple trade prices included in weighted average
Shares held after
883,123 shares
Common stock indirectly held after the reported sale
Net shares sold
5,000 shares
Net sell direction per transaction summary
Key Terms
open-market sale, indirect ownership, weighted average, trustee, +1 more
5 terms
open-market sale financial
"indicating a sale in an open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"The transaction was executed indirectly through the LeeAnn Rollings Rohmann 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.
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.
Form 4 regulatory
"Legacy Education reported the insider trade on a Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Legacy Education (LGCY) report on this Form 4?
Legacy Education reported that CEO and director LeeAnn Rohmann sold 5,000 shares of common stock in an open-market transaction. The sale occurred on July 8, 2026, and was executed indirectly through a trust she oversees as trustee.
Was the Legacy Education (LGCY) insider sale made directly by the CEO or through another entity?
The sale was executed indirectly through The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025. CEO LeeAnn Rohmann is the trustee of this trust and, in that capacity, has the right to vote and dispose of the securities held by it.
What type of transaction code is used for the Legacy Education (LGCY) insider trade?
The transaction is coded “S”, indicating a sale in an open market or private transaction. The Form 4 specifies this as an open-market sale of Legacy Education common stock carried out on July 8, 2026, through the trustee-managed trust.
Does the Legacy Education (LGCY) Form 4 mention any derivative securities or option exercises?
The Form 4 data for this event shows no derivative transactions. All reported activity relates to a single non-derivative common stock sale, with zero derivative exercises, gifts, tax withholdings, or restructuring entries noted in the transaction summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
