Form 4: Limbach Holdings CFO Jayme L. Brooks Reports Stock Award and Tax Withholding

Chief Financial Officer Jayme L. Brooks of Limbach Holdings, Inc. reports the acquisition of shares through vesting of restricted stock units and subsequent withholding for tax obligations.

Summary

• On March 10, 2025, Jayme L. Brooks, CFO of Limbach Holdings, Inc., acquired 32,680 shares of common stock upon the vesting of performance-based restricted stock units.
• The vesting was based on the achievement of pre-established performance goals at above-target levels for the period from January 1, 2022, to December 31, 2024.
• Simultaneously, 12,860 shares were withheld by the company to satisfy tax obligations at a price of $68.92 per share.
• Following these transactions, Brooks directly owns 122,102 shares and indirectly owns 4,511 shares through the Brooks Family Trust.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine transactions related to executive compensation and tax obligations.

Positives

• The vesting of performance-based restricted stock units suggests that the company achieved above-target performance goals during the specified period.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates transactions related to equity compensation.

Stakeholder Impact

• The vesting of stock options and subsequent tax withholding has a minor dilutive effect on existing shareholders.

Key Dates