How Bates was paid
$400,000 in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Total |
|---|---|---|---|
| Kenneth E. ShipleyExecutive Vice President and Chairman of the Board | $50,000 | — | $50,000 |
| R. Duncan BatesFormer President and Chief Executive Officer | $300,000 | $100,000 | $400,000 |
| Jeffrey M. FiedelmanFormer Chief Financial Officer | $276,058 | $27,500 | $303,558 |
What changed and why
- $400KCEO total compensation remained unchanged at $400,000 for fiscal 2024.
- $300KR. Duncan Bates received a base salary of $300,000 and a bonus of $100,000.
- $50,000Kenneth E. Shipley received a base salary of $50,000 in his executive role.
- $304KJeffrey M. Fiedelman received total compensation of $303,558 including salary and bonus.
- The CEO to median employee pay ratio was reported as 12 to 1.
Other Legacy Housing proxy statements
- 2026 proxy statement
Kenneth E. Shipley paid $50,000 (flat on the year).
Filed Sep 18, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.