Form 4: Leggett & Platt CEO Acquires Shares Under 10b5-1 Plan

Leggett & Platt's President and CEO, Karl G. Glassman, acquired 231.206 shares of common stock at $10.3275 per share, effective January 23, 2026.

Summary

• Karl G. Glassman, President and CEO, and a Director of Leggett & Platt Inc. (LEG), acquired 231.206 shares of common stock.
• The transaction occurred on January 23, 2026, at a price of $10.3275 per share.
• This acquisition was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged purchase.
• Following this transaction, Mr. Glassman's direct beneficial ownership stands at 920,625.0944 shares of Common Stock.
• Indirect beneficial ownership includes 514,335 shares held by the Glassman Living Trust and 28,788.371 shares held in trust under the issuer's retirement plan.

Sentiment

Score: 7

Explanation: The acquisition of shares by the CEO, even if pre-planned and for a relatively small amount, generally indicates a positive sentiment and confidence in the company's valuation from an insider's perspective.

Positives

• The acquisition of shares by the President and CEO signals management's confidence in the company's future prospects and valuation.
• The transaction was executed under a Rule 10b5-1 plan, demonstrating a pre-planned and structured approach to insider trading, which can be viewed positively for transparency.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance, focusing solely on an insider's stock transaction.

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends. Insider buying can sometimes be a signal of management's belief in the company's value relative to its industry peers.

Stakeholder Impact

• Shareholders may view the CEO's stock acquisition as a positive signal of management's belief in the company's value, potentially boosting investor confidence.

Key Dates

Keywords

Leggett & Platt, LEG, Insider Trading, Form 4, Stock Acquisition, CEO Stock Purchase, 10b5-1 Plan, Beneficial Ownership