secwatch.observer — SEC 8-K summary
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Issuer:     Legacy Housing Corp (LEGH)
CIK:        0001436208
Form:       8-K
Filed at:   2022-11-21T23:59:59+00:00
Accession:  0001558370-22-018133
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Legacy Housing Executive Chairman rescinds 350,000-share equity awards; no payment
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- Curtis D. Hodgson rescinds awards for 175,000 shares at $36 and $48 price milestones, effective Oct 1, 2022.
- Awards were conditional on stock price sustaining above $36 and $48 for 15 consecutive market days.
- No consideration paid to Hodgson for the rescission; all other employment terms unchanged.
- Rescission eliminates potential future dilution from these performance-based grants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1436208/000155837022018133/0001558370-22-018133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1436208/000155837022018133/legh-20221115x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018133

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