Butz Stephen M 4

4 · Legence Corp. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

Legence (LGN) CFO Stephen Butz Receives RSU Awards

What Happened

Stephen M. Butz, Chief Financial Officer of Legence Corp. (LGN), received equity awards on 2026-03-16. The filing reports two grant entries: 9,762 shares (award, $0.00 per share) and 18,051 shares reported as a derivative award (also $0.00). The reported acquisition value is $0, reflecting that these are restricted stock unit (RSU)-style awards rather than open-market purchases.

Key Details

Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (timely filing).
Price: $0.00 per share (grant of RSUs); reported acquisition value $0.
Shares reported in this filing: 9,762 (award) and 18,051 (derivative award).
Shares owned after the transaction: Not specified in the information provided in this summary.
Footnotes from the filing:
- F1: The reported securities are Restricted Stock Units (each converts to one share at vesting). RSUs vest in three substantially equal installments on each of the first, second and third anniversaries of the award, generally subject to continued employment.
- F2: The filing also references standard vesting/expiration terms for options (vest in three substantially equal installments; expire 10 years after award), though the current entries are RSU grants.
Transaction code: A = award/grant.

Context

These awards are compensation (RSUs) and do not represent an open-market purchase or sale. RSUs convert into actual shares only as they vest, so they do not immediately change the insider’s tradable share position.
For retail investors, RSU grants signal management compensation and alignment with shareholder value over the vesting period but are not direct bullish trades like open-market purchases. The economic value will depend on Legence’s stock price at vesting dates.

Form 4

Period: 2026-03-16

Chief Financial Officer

Transactions

Award
Class A Common Stock
[F1]
2026-03-16+9,762→ 27,619 total
Award
Employee Stock Options
[F2]
2026-03-16+18,051→ 18,051 total
Exercise: $50.90→ Class A Common Stock (18,051 underlying)

Footnotes (2)

[F1]The reported securities represent an award of Restricted Stock Units, which each entitle the reporting person to receive, at vesting, one share of Legence Corp.'s Class A common stock, par value $0.01 per share. The Restricted Stock Units vest in three substantially equal installments on each of the first, second and third anniversaries of the date of the award, subject generally to continued employment through the applicable vesting date.
[F2]The options will vest in three substantially equal installments on each of the first, second and third anniversaries of the date of the award, subject generally to continued employment through the applicable vesting date. The options expire on the tenth anniversary of the date of the award.

Signature

/s/ Bryce Seki, as attorney-in-fact|2026-03-18

1 file