Legence COO granted new stock and options
Legence Corp. Chief Operating Officer Stephen Dale Hansen received new equity compensation.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Legence Corp. Chief Operating Officer Stephen Dale Hansen received new equity compensation. He was granted 15,343 employee stock options with an exercise price of $50.90 per share and 8,298 Restricted Stock Units, both vesting in three equal annual installments, generally contingent on continued employment.
Following the grant, Hansen directly holds 25,262 shares of Class A common stock and 15,343 options, aligning his compensation more closely with the company’s future share performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 15,343 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 8,298 | $0.00 | $0.00 |
Footnotes (2)
- F1. The reported securities represent an award of Restricted Stock Units, which each entitle the reporting person to receive, at vesting, one share of Legence Corp.'s Class A common stock, par value $0.01 per share. The Restricted Stock Units vest in three substantially equal installments on each of the first, second and third anniversaries of the date of the award, subject generally to continued employment through the applicable vesting date.
- F2. The options will vest in three substantially equal installments on each of the first, second and third anniversaries of the date of the award, subject generally to continued employment through the applicable vesting date. The options expire on the tenth anniversary of the date of the award.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Legence Corp. (LGN) report for Stephen Dale Hansen?
How many stock options and RSUs did the Legence (LGN) COO receive?
What is the vesting schedule for the new Legence (LGN) COO equity awards?
What is the exercise price and expiration for the Legence (LGN) COO stock options?
Were the Legence (LGN) COO transactions open-market purchases or compensation grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.