Legence Corp. CSO Justin Schwartz Disposes Shares for Tax Withholding
Legence Corp.
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Filing Summary
Legence Corp. ($LGN) Form 4 Filing Insider: Schwartz Justin (Chief Strategy Officer) Transaction: Disposed 768 shares of Class A Common Stock at $53.03/share ($40,727.04 total) for tax withholding. Post-Transaction Holdings: 10,280 shares. Significance: Low (Routine tax withholding on RSU vest).
Comprehensive Analysis
Executive Summary
On September 17, 2026, Legence Corp. ($LGN) reported a Form 4 transaction for Chief Strategy Officer Justin Schwartz. On September 15, 2026, Schwartz disposed of 768 shares of Class A Common Stock at a price of $53.03 per share, totaling $40,727.04.
Transaction Details
- Security: Class A Common Stock
- Transaction Code: F (Payment of exercise price or tax liability by delivering or withholding securities)
- Shares Withheld: 768
- Price per Share: $53.03
- Total Value: $40,727.04
- Shares Held Following Transaction: 10,280 directly owned shares
Context & Significance
The transaction represents a routine disposition required to satisfy tax withholding obligations triggered by the vesting of Restricted Stock Units (RSUs), as confirmed in Footnote 1. Because this was not an open-market sale or discretionary trade, it carries low predictive significance regarding executive sentiment on the company's valuation or operational prospects.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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