Legence Corp (LGN) COO reports initial stock, RSU and $28 option grants
Rhea-AI Filing Summary
Legence Corp. reported the initial stock holdings of its Chief Operating Officer following the company’s initial public offering. The officer directly owns 1,785 shares of Class A common stock, including shares purchased through a directed share program tied to the IPO. The officer has also been granted 15,179 Restricted Stock Units, each convertible into one share of Class A common stock that vest in three equal annual installments, generally conditioned on continued employment. In addition, the officer holds employee stock options covering 45,536 shares of Class A common stock at an exercise price of $28 per share, which vest in three equal annual installments starting on September 11, 2025, and expire on the tenth anniversary of that award date.
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FAQ
What does this Legence Corp. (LGN) insider filing report?
The filing discloses the initial beneficial ownership of Legence Corp.’s Chief Operating Officer, including common shares, Restricted Stock Units, and employee stock options related to Class A common stock.
How many Legence Corp. (LGN) Class A common shares does the COO directly own?
The Chief Operating Officer directly owns 1,785 shares of Legence Corp. Class A common stock.
What equity awards did the Legence Corp. (LGN) COO receive in Restricted Stock Units?
The COO was granted 15,179 Restricted Stock Units, each entitling the holder to receive one share of Legence Corp. Class A common stock at vesting, in three substantially equal annual installments, generally subject to continued employment.
What stock options are reported for the Legence Corp. (LGN) COO?
The filing reports employee stock options over 45,536 shares of Class A common stock with an exercise price of
How were some of the Legence Corp. (LGN) shares acquired by the COO?
Some of the reported securities were purchased through a directed share program in connection with Legence Corp.’s initial public offering.
What role does the reporting person hold at Legence Corp. (LGN)?
The reporting person serves as Chief Operating Officer of Legence Corp. and filed as an officer and reporting person for the company’s equity securities.