Form 4: Legence Executive Sells Shares
Insider Transaction (Form 4)
Bris Philippe Le, Chief Accounting Officer of Legence Corp., sold 4,196 shares of common stock on September 15, 2026 for $54.06 per share.
Summary
- Option exercise/conversion: acquired 4,196 Class A Common Stock at $28.00 ($117,488) on September 15, 2026; holds 10,344 after (Direct).
- Open-market sale: disposed of 4,196 Class A Common Stock at $54.06 ($226,836) on September 15, 2026; holds 6,148 after (Direct).
- Tax/exercise-price withholding: disposed of 341 Class A Common Stock at $53.03 ($18,083) on September 15, 2026; holds 5,807 after (Direct).
- Option exercise/conversion: disposed of 4,196 Employee Stock Options on September 15, 2026; holds 8,393 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $226,836 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Bris Philippe Le — Officer (Chief Accounting Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Option exercise/conversion | Class A Common Stock | 4,196 | $28 | $117.5K | 10,344 |
| 2026-09-15 | Open-market sale | Class A Common Stock | 4,196 | $54 | $226.8K | 6,148 |
| 2026-09-15 | Tax/exercise-price withholding | Class A Common Stock | 341 | $53 | $18.1K | 5,807 |
| 2026-09-15 | Option exercise/conversion | Employee Stock Options | 4,196 | — | — | 8,393 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Option exercise/conversion (4,196 shares) |
| 2026-09-15 | Open-market sale (4,196 shares) |
| 2026-09-15 | Tax/exercise-price withholding (341 shares) |
| 2026-09-15 | Option exercise/conversion (4,196 shares) |
Keywords
insider transaction, Form 4, LGN, Legence Corp., bearish, Bris Philippe Le
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