Form 4: Limbach Holdings Director Gordon G. Pratt Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Gordon G. Pratt reports changes in beneficial ownership of Limbach Holdings, Inc. stock and restricted stock units.

Summary

  • On January 1, 2025, Gordon G. Pratt, a director of Limbach Holdings, Inc., reported changes in his beneficial ownership of the company's securities.
  • Pratt acquired 1,914 shares of common stock through the vesting of restricted stock units (RSUs) at a price of $0.
  • He also acquired 956 restricted stock units (RSUs) on January 1, 2025, which are scheduled to vest on January 1, 2026.
  • Following these transactions, Pratt directly owns 43,696 shares of common stock.
  • He also indirectly owns 98,757 shares through FEA Pratt Family Holdings LLC and 227,341 shares through Fund Management Group LLC.
  • Pratt disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Positives

  • The vesting of RSUs indicates continued alignment of the director's interests with the company's performance.

Future Outlook

The document indicates future vesting of RSUs on January 1, 2026, suggesting continued equity-based compensation for the director.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for investor confidence.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the director's stake in the company.

Key Dates

DateDescription
01/01/2024Date of grant for RSUs that vested on January 1, 2025.
01/01/2025Date of transaction: vesting of RSUs and grant of new RSUs.
01/01/2026Scheduled vesting date for the RSUs granted on January 1, 2025.
01/03/2025Date of signature for the Form 4 filing.

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