Legence Corp. CEO Jeffrey Sprau Reports Tax Withholding of 9,792 Shares
Legence Corp.
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Filing Summary
Legence Corp. ($LGN) - Form 4 Filing Insider: Jeffrey Sprau (Chief Executive Officer, Director) Transaction: Disposed 9,792 shares at $53.03/share ($519,269.76 total) via Tax Withholding (Code F) Post-Transaction Holdings: 86,875 shares Significance: Low (Routine disposition to cover tax withholding on RSU vesting)
Comprehensive Analysis
Legence Corp. ($LGN) Form 4 Analysis
Overview
On September 17, 2026, Legence Corp. Chief Executive Officer and Director Jeffrey Sprau reported the disposition of 9,792 shares of Class A Common Stock on September 15, 2026.
Transaction Details
- Security: Class A Common Stock
- Transaction Code: F (Tax withholding)
- Shares Disposed: 9,792
- Price per Share: $53.03
- Total Disposition Value: $519,269.76
- Direct Ownership After Transaction: 86,875 shares
Context & Significance
The filing indicates that the shares were withheld by the company to satisfy statutory tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs). Because this was a non-discretionary transaction driven by equity compensation vesting rather than an open-market sale, its predictive value for the company's future stock performance is considered low.
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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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