Form 4: Robert DeRose Acquires 5,000 Shares of Legacy Education Inc.
SEC Form 4 Filing
Robert DeRose, a director and 10% owner of Legacy Education Inc., purchased 5,000 shares of common stock at $5.08 per share on October 7, 2024.
Summary
- On October 7, 2024, Robert DeRose acquired 5,000 shares of Legacy Education Inc. common stock at a price of $5.08 per share.
- The transaction was reported on Form 4, filed with the SEC on October 8, 2024.
- Following the transaction, Robert DeRose indirectly owns 1,082,974 shares through the Robert D. deRose & Susan deRose Family Trust DTD 11/18/1986.
- Additional shares are held in the Susan deRose IRA BDA, the Robert deRose IRA, and the Allison M. deRose Trust DTD 5/29/1991.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating a neutral sentiment. It simply reports a transaction.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for individuals holding significant positions in publicly traded companies.
Stakeholder Impact
- The purchase of shares by a director could be viewed positively by shareholders, signaling confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 11/18/1986 | Date of the Robert D. deRose & Susan deRose Family Trust DTD |
| 05/29/1991 | Date of the Allison M. deRose Trust DTD |
| 10/07/2024 | Date of the transaction where Robert DeRose acquired 5,000 shares. |
| 10/08/2024 | Date the Form 4 was signed and filed. |
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