Legacy Education (LGCY) director Amato sells 2,000 shares, holds 61,000

Rhea-AI Filing Summary

Legacy Education Inc. director Gerald Amato reported an open-market sale of 2,000 shares of Common Stock on May 28, 2026 at $11.20 per share. After this transaction, he directly holds 61,000 shares, indicating a relatively small reduction in his overall position.

Insider Trade Summary

Net Seller: 2,000 shares ($22,400)

Net Sell 1 txn

Insider Amato Gerald

Role null

Sold 2,000 shs ($22K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,000	$11.20	$22K

Holdings After Transaction: Common Stock — 61,000 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 2,000 shares Sale price: $11.20 per share Shares held after: 61,000 shares +1 more

4 metrics

Shares sold 2,000 shares Open-market sale on May 28, 2026

Sale price $11.20 per share Common Stock transaction price

Shares held after 61,000 shares Direct ownership following transaction

Net shares sold 2,000 shares Net change in position from this Form 4

Key Terms

Form 4, open-market sale, Common Stock

3 terms

Form 4 regulatory

"Legacy Education Inc. disclosed that director Gerald Amato sold 2,000 shares of Common Stock in an open-market transaction. The sale was reported on Form 4"

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.

open-market sale financial

"director Gerald Amato sold 2,000 shares of Common Stock in an open-market 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.

Common Stock financial

"sold 2,000 shares of Common Stock at a price of $11.20 per share"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

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^*

Amato Gerald

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/28/2026		S		2,000	D	$11.2	61,000	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ LeeAnn Rohmann, Attorney-in-Fact for Gerald Amato	05/29/2026
	** Signature of Reporting Person	Date
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)

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 in an open-market transaction. The sale was reported on Form 4 and reflects a routine adjustment to his equity holdings, not a complete exit from his position.

How many Legacy Education Inc. (LGCY) shares did the director sell and at what price?

Director Gerald Amato sold 2,000 shares of Legacy Education Inc. Common Stock at a price of $11.20 per share. This open-market sale represents a modest transaction size relative to his remaining equity stake in the company.

How many Legacy Education Inc. (LGCY) shares does Gerald Amato hold after the sale?

Following the reported sale, director Gerald Amato directly holds 61,000 shares of Legacy Education Inc. Common Stock. This indicates he continues to maintain a significant personal stake in the company after the 2,000-share disposition.

Was the Legacy Education Inc. (LGCY) insider transaction a purchase or a sale?

The transaction was a sale. Form 4 shows director Gerald Amato executed an open-market sale of 2,000 shares of Legacy Education Inc. Common Stock, classified under transaction code S, which denotes a sale in the reporting framework.

What does transaction code S mean in the Legacy Education Inc. (LGCY) Form 4?

Transaction code S on the Form 4 for Legacy Education Inc. indicates a sale of securities. In this case, it shows director Gerald Amato completed an open-market or private sale of 2,000 shares of Common Stock at $11.20 per share.