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Legence officer plans sale of 1,058 Class A shares

Officer Philippe Le Bris files a Rule 144 notice to sell 1,058 Legence Corp. Class A shares, after selling 4,196 shares in the prior three months.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Legence Corp. (LGN) is the issuer for a notice under Rule 144 covering planned sales of its Class A shares for the account of officer Philippe Le Bris. The notice lists a planned sale of 1,058 Class A shares, to be issued from a stock option exercise on September 15, 2026, for cash. It also reports that Le Bris has sold 4,196 Class A shares in the prior three months for total proceeds of $226,835.76. Fidelity Brokerage Services LLC is identified as the broker and signs the form as attorney-in-fact for Le Bris.

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Planned shares to be sold 1,058 Class A shares Shares to be sold for the account of Philippe Le Bris under Rule 144
Shares sold in past 3 months 4,196 Class A shares Sales of Legence Corp. Class A stock during the past three months
Proceeds from past 3 months’ sales $226,835.76 Aggregate consideration for 4,196 Class A shares sold in the past three months
Issuer phone number 408-347-3500 Contact phone number for Legence Corp.
Issuer SEC file number 001-42838 SEC file number for Legence Corp.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
stock option exercise financial
"Class A | 09/15/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
attorney-in-fact regulatory
"as attorney-in-fact for Philippe Le Bris"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Legence Corp. (LGN)?

The filing discloses a Rule 144 notice for 1,058 Class A shares of Legence Corp. to be sold for the account of officer Philippe Le Bris, arising from a stock option exercise dated September 15, 2026, with sales to be made for cash.

How many Legence Corp. (LGN) shares has Philippe Le Bris sold recently?

The notice states that Philippe Le Bris has sold 4,196 Class A shares of Legence Corp. during the past three months, for aggregate proceeds of $226,835.76, in addition to the newly noticed 1,058 shares planned for sale.

What type of securities are covered in this Legence Corp. (LGN) Form 144?

The Form 144 covers Class A common stock of Legence Corp. It identifies 1,058 Class A shares to be sold and notes that these are tied to a stock option exercise on September 15, 2026.

Who is the beneficial owner in the Legence Corp. (LGN) Form 144 filing?

The person for whose account the securities are to be sold is Philippe Le Bris, identified as an officer of Legence Corp. The form notes that information is provided for sales that must be aggregated under Rule 144.

Which broker is handling the planned Rule 144 sale for Legence Corp. (LGN)?

The broker listed is Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island. The form is signed by Daniel Tucci as a duly authorized representative of Fidelity, acting as attorney-in-fact for Philippe Le Bris.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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