Dugan Terence Patrick 4

What Happened
Dugan Terence Patrick, a director of Limbach Holdings, Inc. (LMB), received a grant of 1,498 restricted stock units (RSUs) on January 20, 2026. The grant is reported as a derivative award at $0.00 (transaction code A). These RSUs represent contingent rights to receive common stock in the future rather than immediate share purchases or sales.

Key Details

• Transaction date: January 20, 2026; Form 4 filed January 21, 2026 (appears timely).
• Transaction type: Grant / award of RSUs (derivative), 1,498 RSUs, reported price $0.00.
• Vesting: RSUs are scheduled to cliff vest on January 1, 2027 (footnote).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1—each RSU equals a contingent right to one common share (exempt under Rule 16b-3). F2—award granted Jan 20, 2026; cliff vests Jan 1, 2027.
• No sale or open-market purchase occurred in this filing.

Context
RSUs are a common form of director compensation and are not actual shares until they vest and are settled. This award is routine compensation-related equity and should not be read as an immediate buy/sell signal; if and when the RSUs vest, they will convert to shares (and may have tax implications).