Limbach (NASDAQ: LMB) EVP sells 4,871 shares and gifts 720
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Limbach Holdings, Inc. Executive Vice President Jay Sharp reported multiple stock transactions. On June 15, 2026, he sold a total of 4,871 shares of common stock in several open‑market trades at weighted average prices between $78.46 and $81.32, and made a bona fide gift of 720 shares for no consideration.
The filing notes that one transaction is part of a Rule 10b5-1 trading plan adopted on March 14, 2026, indicating a pre‑arranged selling program. After these transactions, Sharp directly holds 77,539 shares of Limbach common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,871 shares ($388,799)
Net Sell
5 txns
Insider
Sharp Jay
Role
Executive Vice President
Sold
4,871 shs ($389K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 788 | $78.4619 | $62K |
| Sale | Common Stock | 1,862 | $79.6708 | $148K |
| Sale | Common Stock | 2,021 | $80.3364 | $162K |
| Sale | Common Stock | 200 | $81.32 | $16K |
| Gift | Common Stock | 720 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 77,539 shares (Direct, null)
Footnotes (1)
- This transaction is part of a 10b5-1 plan adopted on March 14, 2026 by the reporting person. This transaction was executed in multiple trades at prices ranging from $78.03 to $79.02. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. This transaction was executed in multiple trades at prices ranging from $79.05 to $80.04. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. This transaction was executed in multiple trades at prices ranging from $80.07 to $80.84. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents a bona fide gift of shares of Limbach Holdings, Inc's. common stock for which no payment or consideration was received by the reporting person.
Key Figures
Shares sold: 4,871 shares
Gifted shares: 720 shares
Sale price 1: $81.3200 per share
+5 more
8 metrics
Shares sold
4,871 shares
Total open-market sales on June 15, 2026
Gifted shares
720 shares
Bona fide gift of common stock
Sale price 1
$81.3200 per share
Weighted average price for 200-share sale
Sale price 2
$80.3364 per share
Weighted average price for 2,021-share sale
Sale price 3
$79.6708 per share
Weighted average price for 1,862-share sale
Sale price 4
$78.4619 per share
Weighted average price for 788-share sale
Post-transaction holdings
77,539 shares
Directly owned after transactions
10b5-1 plan adoption date
March 14, 2026
Plan governing at least one transaction
Key Terms
Rule 10b5-1, bona fide gift, weighted average price, open market or private transaction, +1 more
5 terms
Rule 10b5-1 regulatory
"This transaction is part of a 10b5-1 plan adopted on March 14, 2026"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
bona fide gift financial
"Represents a bona fide gift of shares of Limbach Holdings, Inc's. common stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
weighted average price financial
"The price reported above reflects the weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Sale in open market or private transaction"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Limbach (LMB) EVP Jay Sharp report on June 15, 2026?
Jay Sharp reported selling 4,871 shares of Limbach common stock and gifting 720 shares on June 15, 2026. The sales occurred through multiple open‑market trades, while the gift was a bona fide transfer with no payment or consideration received.
Was Jay Sharp’s Limbach (LMB) stock sale conducted under a Rule 10b5-1 plan?
Yes. One of the reported transactions is described as part of a Rule 10b5-1 trading plan adopted on March 14, 2026. Such pre‑arranged plans automate trading based on preset instructions, reducing the role of day‑to‑day discretion in transaction timing.
What does the bona fide gift reported by Limbach (LMB) EVP Jay Sharp mean?
The filing describes a bona fide gift of 720 Limbach common shares, for which Jay Sharp received no payment or consideration. This indicates a non‑market transfer, such as to a person or organization, rather than a sale through public trading venues.