---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-105634"
form_type: "8-K"
ticker: "LEGH"
cik: "0001436208"
company_name: "Legacy Housing Corp"
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:51:05.663962+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Legacy Housing adopts bylaw amendments, appoints Curtis Hodgson Executive Chairman

## Summary
- Board adopted amendments requiring 3% ownership threshold for shareholder derivative proceedings.
- Exclusive forum for internal entity claims set to N.D. Texas or Texas Business Court.
- Jury trial waived for internal entity claims under Texas Business Organizations Code.
- Curtis D. Hodgson appointed Executive Chairman effective Oct 29, 2025; co-founded company in 2005.
- Kenneth E. Shipley steps down as Chairman but remains on Board.

## SEC filing metadata
- accession: 0001104659-25-105634
- form_type: 8-K
- ticker: LEGH
- cik: 0001436208
- company_name: Legacy Housing Corp
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1436208/000110465925105634/0001104659-25-105634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1436208/000110465925105634/tm2530011d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-105634
- JSON: https://secwatch.observer/filing/0001104659-25-105634.json
- Plain text: https://secwatch.observer/filing/0001104659-25-105634.txt

## Key facts
- Governance Changes
  Legacy Housing Corp: Adopted new bylaw sections regarding derivative proceeding ownership threshold, exclusive forum for internal entity claims, and jury trial waiver for internal entity claims, in connection with changes to the Texas Business Organizations Code (effective 2025-10-29).
  - Change: bylaw amendment
  - Effective: 2025-10-29
  source text: On October 29, 2025, in connection with certain recent changes to the Texas Business Organizations Code ("TBOC"), the Board of Directors of the Company (the "Board") approved and adopted certain amendments (the "Amendments") to the Company's Bylaws (the "Bylaws"), effective as of such date, to add new sections to: · adopt an ownership threshold requiring any shareholder or group of shareholders to hold shares of common stock sufficient to meet an ownership threshold of at least 3% of the Company's issued and outstanding shares in order to institute or maintain a derivative proceeding; · clarify that the exclusive forum for any "internal entity claim" as defined in the TBOC will be the United States District Court for the Northern District of Texas or, if the United States District Court for the Northern District of Texas lacks jurisdiction for such action, the Texas Business Court (or, if the Texas Business Court is not then accepting filings or determines that it lacks jurisdiction fo
  evidence_url: https://www.sec.gov/Archives/edgar/data/1436208/000110465925105634/0001104659-25-105634-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.