LEGH · Annual Report (Form 10-K) · Filed March 12, 2026

Legacy Housing Corp — 10-K exhibit

legh-20251231xex97d1.htm

Exhibit 97.1

LEGACY HOUSING CORPORATION

EXECUTIVE COMPENSATION CLAWBACK POLICY

Introduction

The Board of Directors (the “Board”) of Legacy Housing Corporation (the “Company”) is adopting this Executive Compensation Clawback Policy (the “Policy”) to comply with Section 10D of the Securities Exchange Act of 1934 (the “Exchange Act”), Rule 10D-1 promulgated under the Exchange Act, and Listing Rule 5608 of the Nasdaq Stock Market (the “Listing Standards”).

Covered Executives

This Policy applies to incentive-based compensation (“Incentive Compensation”) received by the Company’s current and former executive officers (“Covered Executives”), as those terms are defined in Section 10D of the Exchange Act and the Listing Standards.

The Policy

In the event the Company is required to prepare an accounting restatement, to correct an error contained in the Company’s financial statements, the Company will recover (on a pre-tax basis) any Incentive Compensation, received by a Covered Executive, in excess of that which would have been received under the restatement, unless such recovery would be impracticable, as determined by the Committee in accordance with Rule 10D-1 of the Exchange Act and the Listing Standards.

No Indemnification

The Company will not indemnify Covered Executives for the clawback of Incentive Compensation.

Effective Date

This Policy has been adopted by the Committee effective as of December 1, 2023 (the “Effective Date”) and shall apply to Incentive Compensation that is approved, awarded or granted to Covered Executives on or after that date.

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer