Legence Corp. (LGN) director granted 1,675 RSUs, boosting equity stake to 7,032 shares
Rhea-AI Filing Summary
Kelly Christie B. reported acquisition or exercise transactions in this Form 4 filing.
Legence Corp. director Kelly Christie B. received an equity award in the form of 1,675 Restricted Stock Units, each convertible into one share of Class A common stock upon vesting. The RSUs fully vest on the earlier of the first anniversary of the grant date or the day immediately preceding Legence Corp.'s 2027 annual stockholder meeting, subject to continued service. Following this grant, Christie directly holds 7,032 shares of Class A common stock.
Positive
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Negative
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Insights
Routine RSU grant increases director’s equity stake modestly.
Director Kelly Christie B. received 1,675 Restricted Stock Units in Legence Corp. as a compensation award, with no cash paid per share. This is a standard structure that ties director pay to long-term stock performance.
The RSUs vest on the earlier of the first anniversary of the award or the day before the 2027 annual stockholder meeting, contingent on continued service. After the grant, Christie holds 7,032 shares, so the award represents a modest addition rather than a transformative change in ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,675 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reported securities represent an award of Restricted Stock Units, which each entitle the reporting person to receive one share of Legence Corp.'s (the "Issuer") Class A common stock, par value $0.01 per share, upon vesting. The Restricted Stock Units will fully vest on the earlier of the first anniversary of the date of the award and the day immediately preceding the Issuer's 2027 annual stockholder meeting, subject to continued service through such date.
Key Figures
Key Terms
Restricted Stock Units financial
Class A common stock financial
annual stockholder meeting financial
AI-generated analysis. How Rhea-AI works. Not financial advice.