Form 4: Leggett & Platt Director Phoebe A. Wood Acquires Shares

Director Phoebe A. Wood acquired 80.2757 shares of Leggett & Platt Inc. common stock at $10.504 per share on October 15, 2024.

Summary

• On October 15, 2024, Phoebe A. Wood, a director of Leggett & Platt Inc., acquired 80.2757 shares of common stock.
• The purchase price was $10.504 per share.
• Following the transaction, Wood directly owns 62,603.6276 shares of Leggett & Platt Inc.
• Wood also indirectly owns 400 shares through a daughter's irrevocable trust (AW Irrevocable Trust) and 400 shares through another daughter's irrevocable trust (KW Irrevocable Trust).

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the quantity is relatively small and may not be highly significant.

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 routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's sentiment about the company's stock.

Key Dates