A Form 4 filed on August 26, 2026 disclosed that Jeffrey Kyle Stouder, a director of Legacy Housing Corp (NASDAQ:LEGH), acquired 479 shares of restricted common stock on December 18, 2025 as compensation for board service.
Key Highlights
- Shares acquired: 479 shares of Legacy Housing Corp common stock, acquired on December 18, 2025.
- Transaction code: "A" (acquisition), at a price of $0.00 to the reporting person.
- Grant basis: The award equals $10,000.00 divided by the $20.86 closing trading price per share on the date of grant.
- Vesting date: Shares vest in full on December 18, 2026, subject to continuous service through that date.
- Change-in-control provision: Shares vest immediately upon a change in control of the issuer.
- Beneficial ownership following transaction: 12,902 shares held directly.
Director Stock Award Details for Jeffrey Kyle Stouder at Legacy Housing
According to the filing, Jeffrey Kyle Stouder, identified as a director of Legacy Housing Corp, received 479 shares of restricted stock on December 18, 2025, granted under the issuer's 2018 Incentive Compensation Plan. The filing states the award was made "as compensation for service as a director, at no cost to the Reporting Person."
The filing explains how the share count was determined: "The number of shares awarded is equal to $10,000.00 divided by the $20.86 closing trading price per share of the Issuer's common stock on the date of grant." The transaction was recorded with a code of "A," indicating an acquisition, and the price per share is listed as $0.00, consistent with the no-cost nature of the award.
Following the reported transaction, the filing discloses that Stouder directly holds 12,902 shares of Legacy Housing Corp common stock. The restricted shares are scheduled to vest in full on December 18, 2026, contingent on the reporting person's continuous service through that date. The filing further notes that the shares "vest immediately upon a change in control of the Issuer."
What Was Disclosed
The Form 4 reported a director compensation grant of 479 restricted shares of NASDAQ:LEGH common stock to Jeffrey Kyle Stouder on December 18, 2025, bringing his direct beneficial ownership to 12,902 shares, with vesting set for December 18, 2026.




Please wait processing your request...