The estimated Net Worth of Kenneth E Shipley is at least $84.3 Million dollars as of 16 February 2024. Mr. Shipley owns over 34,000 units of Legacy Housing stock worth over $76,740,943 and over the last 5 years he sold LEGH stock worth over $7,514,602. In addition, he makes $50,000 as President, Chief Executive Officer und Director at Legacy Housing.
Kenneth has made over 43 trades of the Legacy Housing stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 34,000 units of LEGH stock worth $829,600 on 16 February 2024.
The largest trade he's ever made was selling 37,276 units of Legacy Housing stock on 28 August 2020 worth over $590,452. On average, Kenneth trades about 9,474 units every 40 days since 2019. As of 16 February 2024 he still owns at least 2,892,610 units of Legacy Housing stock.
You can see the complete history of Mr. Shipley stock trades at the bottom of the page.
Kenneth E. Shipley serves as President, Chief Executive Officer, Director of the Company. Kenneth E. Shipley co-founded our company in 2005 with Curtis D. Hodgson. Mr. Shipley was our Co-Chief Executive Officer from January 2018 and, since February 2019, has served as our President and sole Chief Executive Officer. He has been a member of our board of directors since January 2018, when our company converted to a corporation and prior to that, Mr. Shipley, together with Mr. Hodgson, served as partners of the company's predecessor, Legacy Housing, Ltd. Mr. Shipley has more than 30 years of experience in the manufactured home industry. Since 1981, he has also owned and operated Bell Mobile Homes in Lubbock, Texas, a manufactured home retailer. Mr. Shipley is the co-founder, President, Chief Executive Officer and one of our largest stockholders, and he was selected to serve on our board of directors due to his decades of experience and knowledge of our industry and substantial sales and distribution experience with dealers and customers in the industry. His service as a director and the President and Chief Executive Officer creates a critical link between management and the board.
As the President, Chief Executive Officer und Director of Legacy Housing, the total compensation of Kenneth Shipley at Legacy Housing is $50,000. There are 3 executives at Legacy Housing getting paid more, with Jeffrey Burt having the highest compensation of $253,654.
Kenneth Shipley is 61, he's been the President, Chief Executive Officer und Director of Legacy Housing since 2019. There are 7 older and 6 younger executives at Legacy Housing. The oldest executive at Legacy Housing Corporation is Curtis Drew Hodgson, 66, who is the Co-Founder & Exec. Chairman.
Kenneth's mailing address filed with the SEC is 1600 AIRPORT FREEWAY, #100, , BEDFORD, TX, 76022.
Over the last 6 years, insiders at Legacy Housing have traded over $94,719,415 worth of Legacy Housing stock and bought 16,600 units worth $326,427 . The most active insiders traders include Curtis Drew Hodgson, William G Shipley und Douglas M Shipley. On average, Legacy Housing executives and independent directors trade stock every 7 days with the average trade being worth of $547,951. The most recent stock trade was executed by Curtis Drew Hodgson on 3 September 2024, trading 19,345 units of LEGH stock currently worth $498,327.
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms. It also provides floor plan or wholesale financing for independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy its products for use in their rental housing communities. The company markets its homes under the Legacy brand through a network of 100 independent and 13 company-owned retail locations, as well as direct sales to owners of manufactured home communities in 15 states in the United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.
Legacy Housing executives and other stock owners filed with the SEC include: