---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-000108"
form_type: "8-K"
ticker: "LEGH"
cik: "0001436208"
company_name: "Legacy Housing Corp"
filed_at: "2022-01-06T23:59:59+00:00"
generated_at: "2026-06-27T20:10:59.101207+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Legacy Housing enters amended employment agreement with Executive Chairman Hodgson through June 2024

## Summary
- Base salary of $200,000/year; signing bonus of 150,000 restricted shares (vested upon grant).
- Eligible for annual bonus up to 100% of base salary; equity awards: 175,000 shares if stock hits $36 for 15 consecutive days and another 175,000 if hits $48.
- Term from Jan 1, 2022 to June 16, 2024; includes non-compete and non-solicitation clauses for 1-2 years post-termination.
- Change of control provision: 24 months' compensation if terminated within one year after change of control.

## SEC filing metadata
- accession: 0001558370-22-000108
- form_type: 8-K
- ticker: LEGH
- cik: 0001436208
- company_name: Legacy Housing Corp
- filed_at: 2022-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1436208/000155837022000108/0001558370-22-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1436208/000155837022000108/legh-20220105x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-000108
- JSON: https://secwatch.observer/filing/0001558370-22-000108.json
- Plain text: https://secwatch.observer/filing/0001558370-22-000108.txt

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