Le Bris Philippe exercised 4,196 Legence Corp. Options at $28 per share and sold 4,196 shares at $54.06 on September 15, 2026. The transactions matter to investors because they record changes in both direct share ownership and derivative securities, including resulting holdings of 5,807 shares and 8,393 derivative securities.
Key Highlights
- Le Bris Philippe’s option exercise involved 4,196 Legence Corp. shares priced at $28 each.
- The insider’s share balance ended at 5,807 after a 341-share forfeiture at $53.03 per share.
- Derivative securities held by Le Bris Philippe stood at 8,393 after the option exercise.
Legence Corp. (NASDAQ: LGN) insider Le Bris Philippe exercised options for 4,196 shares at $28 per share on September 15, 2026. The transaction was followed by a sale of 4,196 shares at $54.06 per share and a forfeiture of 341 shares at $53.03 per share. Le Bris Philippe is identified as Chief Accounting Officer.
Option Exercise and Share Transactions
The option exercise left Le Bris Philippe with 10,344 Legence Corp. shares, representing about 40.6% in the stated transaction measure. The subsequent sale reduced the holding to 6,148 shares, also representing about 40.6% of the prior share holding. The forfeiture then brought the balance to 5,807 shares, with the transaction representing about 5.5% of the prior share holding.
Derivative Securities Balance
The option exercise also covered 4,196 derivative securities. Le Bris Philippe held 8,393 derivative securities afterward, with the transaction representing about 33.3% of the prior derivative securities holding. The share and derivative-security balances are reported separately.
FAQs
Q: How many Legence Corp. shares did Le Bris Philippe exercise options for?
A: Le Bris Philippe exercised options for 4,196 Legence Corp. shares. The exercise price was $28 per share on September 15, 2026.
Q: How many Legence Corp. shares did Le Bris Philippe own after the transactions?
A: Le Bris Philippe’s reported Legence Corp. share balance was 5,807 after the forfeiture. The holding was 6,148 shares after the sale and 10,344 after the option exercise.
Q: How many derivative securities did Le Bris Philippe hold after the option exercise?
A: Le Bris Philippe held 8,393 Legence Corp. derivative securities after exercising options for 4,196 derivative securities. The transaction represented about 33.3% of the prior derivative securities holding.
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