Legence COO has 1,671 shares withheld for taxes
Legence Corp.’s chief operating officer reported share withholding to cover taxes on RSU vesting, with 23,591 shares remaining directly held.
Rhea-AI Filing Summary
Legence Corp. (LGN) reported that Chief Operating Officer Stephen Dale Hansen had 1,671 shares of Class A common stock withheld on September 15, 2026, to satisfy tax withholding obligations upon vesting of Restricted Stock Units. The shares were valued at $53.03 per share, leaving him with 23,591 shares held directly after the transaction. No Rule 10b5-1 trading plan is reported.
Positive
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Negative
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Insider Trade Summary
Tax Withholding: 1,671 shares
Tax Withholding
1 txn
Insider
Hansen Stephen Dale
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 1,671 | $53.03 | $89K |
Holdings After Transaction:
Class A Common Stock — 23,591 shares (Direct)
Footnotes (1)
- F1. Represents shares of Legence Corp's Class A common stock, par value $0.01 per share, withheld to satisfy tax withholding obligations upon vesting of Restricted Stock Units.
Key Figures
Shares withheld for taxes: 1,671 shares
Transaction price per share: $53.03 per share
Shares held after transaction: 23,591 shares
+1 more
4 metrics
Shares withheld for taxes
1,671 shares
Withheld on September 15, 2026 to satisfy tax withholding obligations upon RSU vesting
Transaction price per share
$53.03 per share
Valuation applied to the 1,671 withheld shares
Shares held after transaction
23,591 shares
Directly held by Stephen Dale Hansen following the September 15, 2026 transaction
Code F transaction shares
1,671 shares
Payment of tax liability by delivering or withholding securities
Key Terms
Restricted Stock Units, Class A Common Stock, tax withholding obligations
3 terms
Restricted Stock Units financial
"withheld to satisfy tax withholding obligations upon vesting of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Represents shares of Legence Corp's Class A common stock, par value $0.01"
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.
tax withholding obligations financial
"withheld to satisfy tax withholding obligations upon vesting of Restricted Stock Units"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Legence Corp. (LGN) disclose for Stephen Dale Hansen?
Legence Corp. disclosed that COO Stephen Dale Hansen had 1,671 shares of Class A common stock withheld on September 15, 2026, to satisfy tax withholding obligations upon vesting of Restricted Stock Units, leaving him with 23,591 directly held shares afterward.
Was the Legence Corp. (LGN) insider transaction a market sale or tax withholding?
The reported transaction was tax withholding, not an open-market sale. 1,671 shares of Class A common stock were withheld to satisfy tax obligations upon the vesting of Restricted Stock Units, according to the filing footnote.
Was the Legence Corp. (LGN) insider transaction made under a Rule 10b5-1 plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so the reported tax-withholding transaction was not affirmed as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.