Schwarzman Stephen A's Form 4 filing
Legence Corp. (LGN) · filed Dec 16, 2025
- Accession no.
- 0001193125-25-320840
- Filed
- Dec 16, 2025, 4:05 PM ET
- Trade date
- Dec 16, 2025
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $378.1M. It was filed on the trade date.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Schwarzman Stephen ACIK 0001070844 | 10% Owner |
| Blackstone Inc.CIK 0001393818 | 10% Owner |
| Blackstone Group Management L.L.C.CIK 0001404071 | 10% Owner |
| Blackstone Holdings I/II GP L.L.C.CIK 0001464695 | 10% Owner |
| Blackstone Holdings II L.P.CIK 0001484870 | 10% Owner |
| Blackstone EMA III L.L.C.CIK 0002084377 | 10% Owner |
| Bma VIII L.L.C.CIK 0002084966 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 16, 2025 | Class A Common Stock | CConversionAcquired | +5,200,808 | –F1 | – | 5,379,379 | Indirect | |
| Dec 16, 2025 | Class B Common Stock | CConversionDisposed | −5,200,808 | –F1 | – | 41,479,954 | Indirect | |
| Dec 16, 2025 | Class A Common Stock | SSaleDisposed | −5,200,808 | $45.00 | −$234,036,360 | 178,571 | Indirect | |
| Dec 16, 2025 | Class A Common Stock | SSaleDisposed | −3,201,370 | $45.00 | −$144,061,650 | 25,642,999 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 16, 2025 | Class A Common Stock | CConversionDisposed | −5,200,808 | –F1 | – | 41,479,954 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents the exchange by Legence Parent ML LLC ("Parent ML") of 5,200,808 Class B Units of Legence Holdings LLC ("Holdings") (together with an equal number of shares of the Issuer's Class B Common Stock, which were forfeited for no additional consideration) for a corresponding number of shares of the Issuer's Class A Common Stock (the "Exchange").
Referenced by the price of 2 transactions in Table I and 1 transaction in Table II.