Legence Corp. COO Disposes Shares for Tax Withholding
Legence Corp.
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Filing Summary
Legence Corp. ($LGN) Form 4 Filing
Insider: Stephen Dale Hansen (Chief Operating Officer)
Transaction: Tax Withholding (Code F)
Shares: 1,671 disposed @ $53.03 ($88,613.13)
Remaining Ownership: 23,591 shares
Significance: Low (Mandatory tax withholding)
Comprehensive Analysis
Executive Summary
On September 17, 2026, Legence Corp. ($LGN) filed a Form 4 detailing an insider transaction by Chief Operating Officer Stephen Dale Hansen. On September 15, 2026, 1,671 shares of Class A Common Stock were disposed of at a price of $53.03 per share, representing a transaction value of approximately $88,613.13.
Transaction Analysis
- Transaction Nature: The transaction was designated with code F, indicating shares withheld by the company to satisfy statutory tax withholding obligations arising from the vesting of restricted stock units (RSUs).
- Discretionary Status: This disposition was non-discretionary and does not represent an open-market sale or an active decision by the insider to reduce equity exposure.
- Post-Transaction Holdings: Following the withholding event, Hansen directly retains 23,591 shares of Class A Common Stock.
Market & Trading Implications
Because transaction code F is standard administrative practice for settling RSU vestings, this filing carries Low trading significance and should not be interpreted as a negative sentiment signal.
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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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