Form 4: Leggett & Platt CEO Karl Glassman Reports Stock Transactions
SEC Form 4 Filing
CEO Karl Glassman reports acquisition and disposal of Leggett & Platt stock, along with holdings in a retirement plan.
Summary
- On April 15, 2025, Karl G. Glassman, President and CEO of Leggett & Platt Inc., reported transactions involving the company's common stock.
- Glassman acquired 1,697.1673 shares at $5.6695 per share and 1,323.1428 shares at $5.336 per share.
- Glassman disposed of 1,449,395.9448 shares.
- Following these transactions, Glassman directly owns 1,450,719.0876 shares and indirectly owns 28,289.387 shares held in trust under the issuer's retirement plan.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company insider. The sentiment is neutral as it simply reports facts without indicating a positive or negative outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of stock transactions (acquisition and disposal). |
| 04/16/2025 | Date of signature for the report. |
Keywords
Leggett & Platt, Karl Glassman, Stock Transactions, Beneficial Ownership, SEC Form 4, Retirement Plan
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