Legence (LGN) COO Stephen D. Hansen Withholds 1,671 Shares

What Happened

• Stephen D. Hansen, Chief Operating Officer of Legence Corp. (LGN), had 1,671 shares of Class A common stock withheld to satisfy tax withholding obligations upon vesting of restricted stock units (RSUs). The shares were valued at $53.03 each, totaling approximately $88,613. This was a withholding/tax-related disposal (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-17 (timely filing).
• Price used for withholding: $53.03 per share.
• Shares disposed/withheld: 1,671; reported value: $88,613.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: F1 — shares withheld to satisfy tax withholding upon RSU vesting.
• Transaction type: F = tax withholding (routine, non-market disposal).

Context

• This transaction represents a routine tax-withholding event when RSUs vest. It does not reflect an open-market sale or a new purchase and should not be interpreted as a direct signal of the insider’s market view.