Langbert Jon 4

What Happened
Jon Langbert, Chief Financial Officer of Legacy Housing Corp (LEGH), was granted derivative awards for 25,189 shares on December 19, 2025. The filing records an acquisition price of $0.00 for these derivative awards. This is a grant (award) rather than an open-market purchase or sale — a compensation/retention award rather than a trading signal.

Key Details

• Transaction date: December 19, 2025; reported on Form 4 filed March 10, 2026 (filed late).
• Transaction type/code: A (Award/Grant of a derivative security).
• Amount: 25,189 derivative shares (options/award units) at $0.00 acquisition price.
• Vesting: Per footnote, the option vests in five equal annual installments beginning December 19, 2026.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing date (2026-03-10) is well after the usual 2-business-day Form 4 deadline, so this was a late report.

Context
This was an equity-based compensation grant (a derivative award that the filing describes as an option). Because the award vests over five years, the recipient does not immediately control all 25,189 shares — they will become exercisable/vest in equal portions each year starting one year after the grant. Grants like this compensate and retain executives and do not by themselves indicate immediate buying or selling pressure.