Legacy Education (LGCY) CEO’s trust sells 5,000 shares, 888,123 remain
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Legacy Education Inc. director and Chief Executive Officer LeeAnn Rohmann, through The LeeAnn Rollings Rohmann Trust, completed an open-market sale of 5,000 shares of common stock on June 5, 2026 at a weighted average price of about $10.97 per share. The reported price reflects trades between $10.75 and $11.20. Following this transaction, the trust continues to hold 888,123 shares of Legacy Education common stock indirectly for which Rohmann, as trustee, has voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($54,865)
Net Sell
1 txn
Insider
Rohmann LeeAnn
Role
Chief Executive Officer
Sold
5,000 shs ($55K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $10.973 | $55K |
Holdings After Transaction:
Common Stock — 888,123 shares (Indirect, The LeeAnn Rollings Rohmann Trust U/A DTD 03/24/2025)
Footnotes (1)
- This sales price reflects a weighted average of multiple prices ranging from $10.75 to $11.20. 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. 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
Weighted average sale price: $10.973 per share
Sale price range: $10.75–$11.20 per share
+2 more
5 metrics
Shares sold
5,000 shares
Open-market sale on June 5, 2026
Weighted average sale price
$10.973 per share
Common stock sale by trust
Sale price range
$10.75–$11.20 per share
Individual trade prices within reported transaction
Shares held after transaction
888,123 shares
Indirect holdings of the trust after sale
Net shares sold
5,000 shares
Net-sell direction in transaction summary
Key Terms
open-market sale, weighted average, indirect ownership, trustee, +1 more
5 terms
open-market sale financial
"completed an open-market sale of 5,000 shares of common stock"
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.
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.
indirect ownership financial
"ownership_type": "indirect""
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.
voting and dispositive power financial
"in such capacity has the right to vote and dispose of the securities"
FAQ
What insider transaction did Legacy Education (LGCY) report for LeeAnn Rohmann?
Legacy Education reported that CEO and director LeeAnn Rohmann, via The LeeAnn Rollings Rohmann Trust, sold 5,000 shares of common stock in an open-market transaction on June 5, 2026, at a weighted average price of about $10.97 per share.
Is the Legacy Education (LGCY) Form 4 transaction a buy or sell?
The Form 4 for Legacy Education reports a sell transaction. Specifically, an open-market sale of 5,000 common shares was executed by The LeeAnn Rollings Rohmann Trust, associated with CEO and director LeeAnn Rohmann, rather than a purchase or option exercise.