Legence CAO granted stock options and RSUs
Legence Corp. Chief Accounting Officer Philippe Le Bris reported compensation-related equity awards rather than market trades.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Legence Corp. Chief Accounting Officer Philippe Le Bris reported compensation-related equity awards rather than market trades. He received 3,610 employee stock options with an exercise price of $50.9000 per share, each tied to Class A common stock, and a separate grant of 1,952 Class A common shares as restricted stock units.
The restricted stock units and options vest in three substantially equal installments on each of the first, second and third anniversaries of the grant date, generally requiring continued employment through each vesting date. Following these awards, Le Bris directly holds 6,148 Class A common shares and 3,610 stock options, with the options expiring on the tenth anniversary of the award date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 3,610 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 1,952 | $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 transaction did Legence Corp. (LGN) report for Philippe Le Bris?
How many Legence (LGN) stock options were granted to Philippe Le Bris and at what price?
What restricted stock unit (RSU) award did Philippe Le Bris receive from Legence Corp. (LGN)?
What is the vesting schedule for Philippe Le Bris’s Legence (LGN) equity awards?
When do Philippe Le Bris’s Legence (LGN) stock options expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.