Legence Corp. (LGN) director receives 3,779 restricted stock units
Rhea-AI Filing Summary
Legence Corp. disclosed that one of its directors beneficially owns 3,779 shares of Class A common stock through a restricted stock unit award. Each unit entitles the holder to receive one share upon vesting, and the award will fully vest on the earlier of the first anniversary of the award date and the day immediately preceding Legence Corp.’s 2026 annual stockholder meeting, subject to continued service.
Positive
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FAQ
What insider ownership did Legence Corp. (LGN) report in this filing?
Legence Corp. reported that a director beneficially owns 3,779 shares of its Class A common stock through a restricted stock unit award.
How many Legence Corp. (LGN) Class A shares are covered by the RSU award?
The restricted stock unit award covers 3,779 units, with each unit entitling the holder to receive one share of Legence Corp.’s Class A common stock upon vesting.
What are the vesting terms of the Legence Corp. (LGN) restricted stock units?
The restricted stock units will fully vest on the earlier of the first anniversary of the award date and the day immediately preceding the 2026 annual stockholder meeting, subject to continued service.
Is the Legence Corp. (LGN) director’s ownership direct or indirect?
The filing states that the 3,779 Class A common shares underlying the restricted stock units are held with direct (D) beneficial ownership.
What type of security was reported by the Legence Corp. (LGN) director?
The reported position consists of restricted stock units that are tied to Legence Corp.’s Class A common stock, par value $0.01 per share.
Does this Legence Corp. (LGN) filing involve any derivative securities table entries?
The derivative securities table is included but shows no specific derivative positions listed beyond the restricted stock units described in the explanation of responses.