Legence CAO sells 1,058 shares at $55.01
Legence Corp.’s chief accounting officer reported a pre-planned open-market sale of 1,058 Class A shares, leaving him with 4,749 shares held directly.
Rhea-AI Filing Summary
Legence Corp. (LGN) reported that Chief Accounting Officer Philippe Le Bris sold 1,058 shares of Class A common stock on September 18, 2026, at an average price of $55.01 per share. The sale occurred automatically under a Rule 10b5-1 trading plan adopted on June 16, 2026, and he now holds 4,749 shares directly.
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Insider Trade Summary 10b5-1
Net Seller: 1,058 shares
Net Sell
1 txn
Insider
Le Bris Philippe
Role
Chief Accounting Officer
Sold
1,058 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 1,058 | $55.01 | $58K |
Holdings After Transaction:
Class A Common Stock — 4,749 shares (Direct)
Footnotes (1)
- F1. The reported transactions occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 16, 2026.
Key Figures
Shares sold: 1,058 shares
Sale price per share: $55.01 per share
Shares held after transaction: 4,749 shares
3 metrics
Shares sold
1,058 shares
Class A common stock sold by the Chief Accounting Officer on September 18, 2026
Sale price per share
$55.01 per share
Average price for the September 18, 2026 sale of 1,058 shares
Shares held after transaction
4,749 shares
Direct holdings of the Chief Accounting Officer following the reported sale
Key Terms
Class A common stock, Rule 10b5-1 trading plan
2 terms
Class A common stock financial
"The transaction involved Class A common stock of Legence Corp."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Rule 10b5-1 trading plan regulatory
"The reported transactions occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 16, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LGN report for Philippe Le Bris?
Legence Corp. reported that Chief Accounting Officer Philippe Le Bris sold 1,058 shares of Class A common stock on September 18, 2026 at an average price of $55.01 per share in an open-market or private transaction.
Was the LGN insider sale by Philippe Le Bris under a Rule 10b5-1 plan?
Yes. The filing states the transactions occurred automatically under a Rule 10b5-1 trading plan adopted by Philippe Le Bris on June 16, 2026.
What is the role of Philippe Le Bris at Legence Corp. (LGN)?
Philippe Le Bris is identified in the filing as the Chief Accounting Officer of Legence Corp.
AI-generated analysis. How Rhea-AI works. Not financial advice.