LEGENCE PARENT ML LLC sold 24.7% of their position (8.40M shares) of LEGENCE CORP. on the open market
Open‑market sale worth $378.10M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 12/16/2025ACC: 0001193125-25-320846
-13.60M
Net shares
Net seller
$378.10M
Total sold
2
Open market trades
0B · 2S
5
Total transactions
5.20M acquired · 18.80M disposed
Non-Derivative Transactions4
Class A Common Stock
Indirect
Shares
+5.20M
Price / share
—
Trade value
—
% of position
2912.5%
12/16/2025
178.57K→5.38M
Class B Common Stock
Indirect
Shares
−5.20M
Price / share
—
Trade value
—
% of position
11.1%
12/16/2025
46.68M→41.48M
Class A Common Stock
Indirect
Shares
−5.20M
Price / share
$45.00
Trade value
$234.04M
% of position
96.7%
12/16/2025
5.38M→178.57K
Class A Common Stock
Indirect
Shares
−3.20M
Price / share
$45.00
Trade value
$144.06M
% of position
11.1%
12/16/2025
28.84M→25.64M
Total
Net shares
−8.40M
Net value
-$378.10M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Indirect | 12/16/2025 | C · Conversion | +5.20M | — | — | 2912.5% | 178.57K | 5.38M |
| Class B Common Stock Indirect | 12/16/2025 | C · Conversion | −5.20M | — | — | 11.1% | 46.68M | 41.48M |
| Class A Common Stock Indirect | 12/16/2025 | S · Sale | −5.20M | $45.00 | $234.04M | 96.7% | 5.38M | 178.57K |
| Class A Common Stock Indirect | 12/16/2025 | S · Sale | −3.20M | $45.00 | $144.06M | 11.1% | 28.84M | 25.64M |
| Total | −8.40M | -$378.10M | ||||||
Derivative Transactions1
Class B Units of Legence Holdings LLC
Indirect
Converts to
Class A Common Stock
5.20M shares
Shares
−5.20M
Strike price
Held after
41.48M
Exercisable
—
12/16/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Units of Legence Holdings LLC Indirect | Class A Common Stock5.20M shares | 12/16/2025 | C · Conversion | −5.20M | — | 41.48M |