4Filed Aug 19, 8:00 PM ET
Legence (LGN) Director Robert Crisci Receives RSU Award
$LGN · Legence Corp.Research Summary
AI-generated summary of this SEC filing
Legence (LGN) Director Robert Crisci Receives RSU Award
What Happened
Robert Crisci, a director of Legence Corp. (LGN), was granted 2,257 restricted stock units (RSUs) on August 18, 2026. The filing reports an acquisition type "A" (award/grant) at $0.00 per unit — the RSUs represent the right to receive one share of Class A common stock per unit upon vesting.
Key Details
- Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (timely filing).
- Transaction code: A (award/grant). Reported price: $0.00; quantity: 2,257 RSUs.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote (F1): Each RSU converts to one share upon vesting. The RSUs will fully vest on the earlier of (a) the first anniversary of the award or (b) the day before Legence’s 2027 annual meeting, subject to continued service through that date.
- No 10b5‑1 plan, tax withholding, cashless exercise, or sale reported in this filing.
Context
RSU grants are a form of compensation—not an open‑market purchase—so they signal company compensation/retention actions rather than an insider buying shares on the market. The reported $0 value reflects that this was a grant; the economic value to the insider will be realized if and when the RSUs vest and convert to shares (and may be subject to taxes and any withholding then).