Form 4: Leggett & Platt CEO Karl Glassman Reports Acquisition of Common Stock
SEC Form 4 Filing
CEO Karl Glassman reports acquiring 409.0984 shares of Leggett & Platt Inc. common stock at $5.8395 per share on April 17, 2025.
Summary
- On April 17, 2025, Karl G. Glassman, President and CEO of Leggett & Platt Inc., acquired 409.0984 shares of common stock at a price of $5.8395 per share.
- Following this transaction, Glassman directly owns 1,451,128.186 shares of Leggett & Platt common stock.
- Glassman also indirectly owns 28,289.387 shares held in trust under the issuer's retirement plan.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock acquisition by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholder confidence, depending on how the market interprets insider buying activity.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction: Acquisition of common stock. |
Keywords
Leggett & Platt, Karl Glassman, common stock, beneficial ownership, SEC Form 4, acquisition
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