Legacy Housing (LEGH) Director Brian Ferguson Receives Award

What Happened Brian Ferguson, a director of Legacy Housing Corp (LEGH), was granted 479 restricted shares as compensation for board service on December 18, 2025. The award was granted at no cost (acquisition price $0.00); the grant value is reported as $10,000, calculated by dividing $10,000 by the $20.86 closing price per share on the grant date. The shares vest in full on December 18, 2026 subject to continued service and will vest immediately upon a change in control.

Key Details

• Transaction type: Award/Grant (code A). 479 shares granted at $0.00 (acquired = $0).
• Grant valuation: ~$10,000 based on $20.86 closing price on 12/18/2025.
• Vesting: 100% vests 12/18/2026 if continuous service; accelerated vesting upon change in control.
• Plan: Granted under the Issuer's 2018 Incentive Compensation Plan.
• Filing: Form 4 filed 2026-08-26 reporting the 12/18/2025 grant (late filing — TransactionTimeliness = 'L').
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context This is a standard restricted stock award as director compensation, not an open-market purchase or sale. Such awards are common for non-employee directors and reflect compensation for service rather than an immediate buy or sell signal. The delayed Form 4 filing notifies investors of the grant but does not on its own indicate any change in the director's intent or the company’s outlook.