Hansen Stephen Dale 4

What Happened
Legence Corp. (LGN) COO Stephen Hansen was granted equity awards on 2026-03-16: 8,298 Restricted Stock Units (RSUs) reported as acquired at $0 and 15,343 derivative awards (reported at $0). No cash was paid; the acquisition price is listed as $0 because these are compensation awards rather than open‑market purchases.

Key Details

• Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (filing appears timely).
• Awards reported: 8,298 RSUs (Acquired @ $0) and 15,343 derivative units/awards (Derivative @ $0).
• Shares owned after transaction: not disclosed in the filing.
• Footnote F1: The 8,298 RSUs each convert to one share of Class A common stock at vesting; they vest in three substantially equal installments on each of the first, second and third anniversaries, subject to continued employment.
• Footnote F2: The derivative awards vest in three substantially equal installments on each of the first, second and third anniversaries and (if options) expire ten years after grant, subject to continued employment.
• Transaction type: Award/Grant (compensation), not an open-market buy or sell.

Context
RSU and option-style awards are common executive compensation. These grants indicate new equity compensation for the COO but are not a direct market purchase or sale and should not be interpreted alone as an immediate bullish or bearish signal. Vesting schedules mean the economic exposure is spread over the next three years.