LEGENCE PARENT ML LLC sold 44.4% of their position (15.39M shares) of LEGENCE CORP. on the open market
Open‑market sale worth $831.28M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 4/9/2026ACC: 0001193125-26-149834
-24.92M
Net shares
Net seller
$831.28M
Total sold
2
Open market trades
0B · 2S
5
Total transactions
9.53M acquired · 34.45M disposed
Non-Derivative Transactions4
Class A Common Stock
Indirect
Shares
+9.53M
Price / share
—
Trade value
—
% of position
5336.1%
4/9/2026
178.57K→9.71M
Class B Common Stock
Indirect
Shares
−9.53M
Price / share
—
Trade value
—
% of position
23.4%
4/9/2026
40.70M→31.17M
Class A Common Stock
Indirect
Shares
−9.53M
Price / share
$54.00
Trade value
$514.55M
% of position
98.2%
4/9/2026
9.71M→178.57K
Class A Common Stock
Indirect
Shares
−5.87M
Price / share
$54.00
Trade value
$316.73M
% of position
23.3%
4/9/2026
25.16M→19.30M
Total
Net shares
−15.39M
Net value
-$831.28M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Indirect | 4/9/2026 | C · Conversion | +9.53M | — | — | 5336.1% | 178.57K | 9.71M |
| Class B Common Stock Indirect | 4/9/2026 | C · Conversion | −9.53M | — | — | 23.4% | 40.70M | 31.17M |
| Class A Common Stock Indirect | 4/9/2026 | S · Sale | −9.53M | $54.00 | $514.55M | 98.2% | 9.71M | 178.57K |
| Class A Common Stock Indirect | 4/9/2026 | S · Sale | −5.87M | $54.00 | $316.73M | 23.3% | 25.16M | 19.30M |
| Total | −15.39M | -$831.28M | ||||||
Derivative Transactions1
Class B Units of Legence Holdings LLC
Indirect
Converts to
Class A Common Stock
9.53M shares
Shares
−9.53M
Strike price
Held after
31.17M
Exercisable
—
4/9/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Units of Legence Holdings LLC Indirect | Class A Common Stock9.53M shares | 4/9/2026 | C · Conversion | −9.53M | — | 31.17M |