Legence Corp. Schedule 13G shows that FMR LLC and Abigail P. Johnson report beneficial ownership of 6,545,917 shares of Legence Corp. Class A common stock, equal to 11.2% of the class. FMR LLC reports sole voting power and sole dispositive power over 6,545,917 shares; Ms. Johnson reports sole dispositive power for the same amount but no sole voting power. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing control. The report references an Exhibit 99 agreement and powers of attorney incorporated by reference.
Positive
Material stake disclosed:6,545,917 shares represent 11.2% of Class A common stock
Clear disclosure of powers: FMR LLC reports sole voting and sole dispositive power, providing transparency about control over the shares
Ordinary-course statement: Shares are stated as held in the ordinary course of business and not for changing control
Negative
Potential governance ambiguity: Abigail P. Johnson reports sole dispositive but no voting power, while FMR LLC reports both, creating complexity in authority
Significant concentration: An 11.2% position is large enough to influence outcomes if intentions change, though the filing disclaims such intent
Insights
Fidelity-affiliated entities hold a material 11.2% stake with dispositive control.
Holding 6,545,917 shares representing 11.2% gives FMR LLC a sizable economic position in Legence Corp. The filing shows sole dispositive and voting power reported for FMR LLC, indicating it can direct sales and voting actions for these shares.
The filing also states these shares are held in the ordinary course of business and not to change control, which is important for regulatory and market signaling. Watch for any later amendments or Schedule 13D that would indicate a shift from passive to active intent within typical SEC timetables.
Discrepancy between voting and dispositive powers for named persons merits attention.
Abigail P. Johnson reports sole dispositive power but no sole voting power, while FMR LLC reports both sole voting and dispositive powers for the same share amount. This indicates allocation of legal authority across related reporting persons and reliance on powers of attorney referenced in the filing.
Investors should note the governance implication that economic control and formal voting authority are held by related entities; monitor Exhibit 99 and any filings that clarify voting arrangements or group status over the near term.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
LEGENCE CORP
(Name of Issuer)
CLASS A COMMON STOCK
(Title of Class of Securities)
52476L109
(CUSIP Number)
09/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
52476L109
1
Names of Reporting Persons
FMR LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6,545,917.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
6,545,917.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,545,917.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
52476L109
1
Names of Reporting Persons
Abigail P. Johnson
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
6,545,917.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,545,917.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.2 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
LEGENCE CORP
(b)
Address of issuer's principal executive offices:
1601 LAS PLUMAS AVENUE,SAN JOSE,CA,USA,95133
Item 2.
(a)
Name of person filing:
FMR LLC
(b)
Address or principal business office or, if none, residence:
245 Summer Street, Boston, Massachusetts 02210
(c)
Citizenship:
Not applicable
(d)
Title of class of securities:
CLASS A COMMON STOCK
(e)
CUSIP No.:
52476L109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
6545917.00
(b)
Percent of class:
11.2 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Please see the responses to Items 5 and 6 on the cover page.
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
6545917.00
(iv) Shared power to dispose or to direct the disposition of:
0.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the CLASS A COMMON STOCK of LEGENCE CORP. No one other person's interest in the CLASS A COMMON STOCK of LEGENCE CORP is more than five percent of the total outstanding CLASS A COMMON STOCK.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See attached Exhibit 99.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
FMR LLC
Signature:
Stephanie J. Brown
Name/Title:
Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:
10/06/2025
Abigail P. Johnson
Signature:
Stephanie J. Brown
Name/Title:
Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
Date:
10/06/2025
Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
What stake does FMR LLC report in Legence Corp (LGN)?
FMR LLC reports beneficial ownership of 6,545,917 shares, equal to 11.2% of Class A common stock.
Does Abigail P. Johnson have voting control over LGN shares?
Abigail P. Johnson reports 0 shares of sole voting power but reports sole dispositive power over 6,545,917 shares.
Are these shares held to change control of Legence Corp (LGN)?
The filing certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
Who signed the Schedule 13G for FMR LLC and Ms. Johnson?
The filing was signed by Stephanie J. Brown as duly authorized under powers of attorney on behalf of both FMR LLC and Abigail P. Johnson on 10/06/2025.
Is there any group or other 5%+ holder disclosed alongside FMR LLC?
The filing states no other person's interest in Class A common stock exceeds 5% and that one or more other persons have rights to dividends or proceeds but none exceed 5%.
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