Form 4: Leggett & Platt CEO Acquires Company Stock

Leggett & Platt CEO Karl G. Glassman acquired company stock, boosting beneficial ownership.

Summary

• Karl G. Glassman, President and CEO of Leggett & Platt Inc. (LEG), acquired 311.9318 shares of common stock.
• The acquisition occurred on October 3, 2025, at a price of $7.6585 per share.
• Following this transaction, Glassman directly owns 915,118.8329 shares of common stock.
• Indirect ownership includes 514,335 shares held by the Glassman Living Trust.
• An additional 28,633.801 shares are indirectly held in trust under the Issuer's Retirement Plan.
• The balance of shares held in the Issuer's 401(k) Plan was updated to reflect the acquisition of 136.359 shares, exempt under Rule 16b-3(c), based on a plan statement dated September 30, 2025.

Sentiment

Score: 7

Explanation: The acquisition of shares by the President and CEO typically signals management's confidence in the company's valuation and future prospects, which is generally viewed positively by the market.

Positives

• The President and CEO, Karl G. Glassman, acquired additional shares of common stock, which typically signals management's confidence in the company's future prospects and current valuation.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of 311.9318 shares of common stock by Karl G. Glassman, President and CEO of Leggett & Platt Inc., from the issuer.

Stakeholder Impact

• Shareholders: May interpret the CEO's share acquisition as a positive signal of strong insider confidence in the company's performance and future, potentially influencing investor sentiment.

Key Dates

Recommendation

The President and CEO's acquisition of additional shares demonstrates strong insider confidence in the company's current valuation and future performance, which is often a bullish indicator for investors.

Keywords

Leggett & Platt, LEG, Insider Trading, Stock Acquisition, CEO, Beneficial Ownership, Form 4