Limbach (NASDAQ: LMB) EVP receives 22,559-share award, 8,878 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Limbach Holdings Executive Vice President Nicholas Angerosa reported equity compensation activity involving company common stock. He received a grant of 22,559 shares of common stock on March 2, 2026, issued upon vesting of 15,040 performance-based restricted stock units tied to performance from January 1, 2023 through December 31, 2025.
The filing also shows a disposition of 8,878 shares on the same date to cover tax withholding obligations, with shares withheld by the company rather than sold on the open market. After these transactions, Angerosa directly owned 67,639 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Angerosa Nicholas
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,559 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,878 | $89.17 | $792K |
Holdings After Transaction:
Common Stock — 76,517 shares (Direct)
Footnotes (1)
- Represents 22,559 shares of Limbach Holdings, Inc. (the "Company") common stock issued to the reporting person on March 2, 2026 upon vesting of 15,040 performance-based restricted stock units, based on the achievement of certain pre-established performance goals at above-target levels for the performance period commencing on January 1, 2023 through December 31, 2025. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3. Reflects the withholding of 8,878 shares by the Company to satisfy tax withholding requirements. Such transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
FAQ
What insider transaction did Limbach Holdings (LMB) report for Nicholas Angerosa?
Limbach Holdings reported that Executive Vice President Nicholas Angerosa received 22,559 shares of common stock on March 2, 2026 from vested performance-based restricted stock units, and had 8,878 shares withheld by the company to satisfy tax obligations related to this equity award.
What performance period triggered Nicholas Angerosa’s stock vesting at Limbach Holdings (LMB)?
The stock vesting for Nicholas Angerosa related to a performance period from January 1, 2023 through December 31, 2025. The 15,040 performance-based restricted stock units vested based on achievement of pre-established performance goals at above-target levels over that timeframe.
Were Nicholas Angerosa’s Limbach Holdings (LMB) transactions open-market buys or sales?
The transactions were not open-market buys or sales. One entry reflects a stock grant from vested performance-based restricted stock units, while the other reflects shares withheld by the company for taxes, both categorized as exempt transactions under Rule 16b-3 of Section 16(b).