LGN Form 4: Stephen M. Butz Receives 17,857 Restricted Stock Units

Rhea-AI Filing Summary

Legence Corp. insider filing shows CFO Stephen M. Butz was granted 17,857 Restricted Stock Units on 09/15/2025. Each RSU converts to one share of Class A common stock at vesting and the award vests in three substantially equal installments on the first, second and third anniversaries of the grant date, generally conditioned on continued employment. The Form 4 reports the award as a direct beneficial ownership change, with the reported per-share price listed as $0. The filing was executed by an attorney-in-fact on behalf of the reporting person.

Positive

• Grant quantity disclosed: 17,857 Restricted Stock Units reported
• Clear vesting schedule: vests in three substantially equal installments on each of the first three anniversaries
• Reporting person identified: Stephen M. Butz, Chief Financial Officer

Negative

• None.

Insights

Financial Analyst

TL;DR: CFO received a time‑based RSU award of 17,857 shares vesting over three years.

The Form 4 documents a common executive compensation event: a grant of 17,857 Restricted Stock Units to the CFO, each converting to one share of Class A common stock at vesting. The award vests in three substantially equal annual installments, tying equity recognition to continued employment rather than immediate transfer. The filing lists the transaction date and reports direct beneficial ownership following the grant. No cash consideration is recorded on the form.

Corporate Governance Expert

TL;DR: Standard time‑based RSU grant disclosed; disclosure follows Section 16 reporting norms.

The submission provides the required Section 16 disclosure for an insider equity award: reporting person identity (CFO), grant date (09/15/2025), security type (Restricted Stock Units converting to Class A common stock), quantity (17,857) and vesting structure (three equal annual installments). The filing was signed via attorney‑in‑fact. The disclosure lacks any indication of performance conditions or acceleration clauses, stating vesting is generally subject to continued employment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Butz Stephen M

(Last) (First) (Middle)

C/O LEGENCE CORP.

1601 LAS PLUMAS AVENUE

(Street)

SAN JOSE CA 95133

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Legence Corp. [ LGN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock(1)	09/15/2025		A		17,857	A	$0	17,857	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Bryce Seki, as attorney-in-fact	09/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Legence Corp (LGN) CFO Stephen M. Butz receive on 09/15/2025?

He was granted 17,857 Restricted Stock Units, each entitling him to one share of Class A common stock at vesting.

When do the RSUs awarded to Stephen M. Butz vest?

The RSUs vest in three substantially equal installments on the first, second and third anniversaries of the award date, subject generally to continued employment.

How is the transaction reported on the Form 4 for LGN?

The Form 4 reports the award as a direct beneficial ownership change with an effective transaction date of 09/15/2025 and a recorded price of $0.

Who signed the Form 4 filing for the reporting person?

The filing was executed by /s/ Bryce Seki, as attorney-in-fact on behalf of the reporting person on 09/15/2025.

Do the RSUs include any performance conditions in the disclosure?

The explanation states vesting is generally subject to continued employment; no performance conditions are disclosed in the filing.