Form 4: Leggett & Platt Director Angela Barbee Acquires Shares
SEC Form 4 Filing
Director Angela Barbee acquired 422.4926 shares of Leggett & Platt Inc. common stock at $14.088 per share on April 15, 2024.
Summary
- On April 15, 2024, Angela Barbee, a director of Leggett & Platt Inc. (LEG), acquired 422.4926 shares of common stock.
- The purchase price was $14.088 per share.
- Following the transaction, Barbee directly owns 17,260.7871 shares of Leggett & Platt Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's a relatively small transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of transaction: Angela Barbee acquired shares of Leggett & Platt Inc. |
| 04/16/2024 | Date of signature: Stanley Scott Luton, attorney-in-fact, signed the Form 4. |
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