Legence Corp. CFO Withholds Shares for Tax Obligations
Legence Corp.
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Filing Summary
š Form 4 Filed: Legence Corp. ($LGN) š¤ Insider: Butz Stephen M (Chief Financial Officer) š Transaction: Disposed 2,343 shares at $53.03/share ($124,249.29) š Post-Transaction Holdings: 25,276 shares ā¹ļø Details: Transaction code 'F' indicates shares withheld to satisfy tax withholding obligations upon RSU vesting.
Comprehensive Analysis
Transaction Summary
On September 15, 2026, Legence Corp. Chief Financial Officer Stephen M. Butz surrendered 2,343 shares of Class A Common Stock at a price of $53.03 per share, representing an aggregate value of $124,249.29. Following this transaction, Mr. Butz directly holds 25,276 shares of Class A Common Stock.
Nature of Transaction & Market Impact
The transaction was executed under code F, signifying that the shares were withheld by the issuer to cover statutory tax withholding liabilities triggered by the vesting of restricted stock units (RSUs). Because this represents a routine, non-discretionary tax withholding rather than an open-market sale, it provides little to no direct insight into executive sentiment or corporate trajectory. Consequently, the trading significance of this event is categorized as Low.
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Important Disclaimer
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