Company: LGCY
Filing Date: 2025-10-24
Form Type: DEF 14A
Source: 0001493152-25-019285
Chunk: 19

Company: Legacy Education Inc.
Filing Date: 2025-10-24
Form: DEF 14A
Chunk 19
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|:--|:----|:-------|--------:|:----|:---------------|:--|:----|:----------------------|:--|:----|:-------------|:--|:----|:------|--------:|
| Gerald Amato    |     | $       | 33,750 |     |        | - |     | $      | 176,596 |     |                | - |     |                       | - |     |              | - |     | $     | 210,346 |
| Peggy Tiderman  |     | $       | 28,000 |     |        | - |     | $      | 176,596 |     |                | - |     |                       | - |     |              | - |     | $     | 204,596 |
| Blaine Faulkner |     | $       | 35,500 |     |        | - |     | $      | 176,596 |     |                | - |     |                       | - |     |              | - |     | $     | 212,096 |

Non-Employee Director Compensation Policy

Our directors receive $40,000 cash compensation per year for their service on the Board, as well as reimbursement for out-of-pocket expenses with respect to such directors’ attendance at meetings of the Board of the Company.

Committee chairs receive an $10,000 cash compensation annually for their added services in such roles. Committee members receive an addition $5,000 per year.

Company Policies and Practices Related to the Grant of Certain Equity Awards Close in Time to the Release of Material Nonpublic Information

The Compensation Committee last granted a stock option in January 2025. The Company does not grant stock options or similar awards to Section 16 Insiders, most SVPs, and other Vice Presidents and above who directly report to the CEO in anticipation of the release of material nonpublic information that is likely to result in changes to the price of the Company’s stock, such as a significant positive or negative earnings announcement, or time the public release of such information based on stock option grant dates. In addition, the Company does not grant stock options or similar awards during the four business days prior to or the one business day following the filing of our periodic reports or the filing or furnishing of a Current Report on Form 8-K that discloses material nonpublic information. These restrictions do not apply to RSUs or other types of equity awards that do not include an exercise