Form 4: Leggett & Platt EVP Acquires Common Stock
Insider Transaction Report
Leggett & Platt's EVP-Chief Strategic Planning Officer, Ryan Michael Kleiboeker, acquired 70.1419 shares of common stock.
Summary
- Ryan Michael Kleiboeker, EVP-Chief Strategic Planning Officer of Leggett & Platt Inc. (LEG), acquired 70.1419 shares of common stock.
- The transaction occurred on January 9, 2026, at a price of $10.4635 per share.
- Following this acquisition, Mr. Kleiboeker directly beneficially owns 88,549.6652 shares of common stock.
- Indirect beneficial ownership includes 1,000 shares held by a spouse's IRA and 870.906 shares held in trust under the Issuer's Retirement Plan.
- The balance in the retirement plan reflects an acquisition of 4.693 shares under the Issuer's 401(k) Plan, exempt under Rule 16b-3(c), based on a plan statement dated December 31, 2025.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of an insider stock acquisition. The transaction size is relatively small, indicating a neutral impact on overall sentiment.
Future Outlook
NA
Industry Context
This filing represents a routine disclosure of an insider stock transaction, which is a common occurrence across all publicly traded companies. It does not provide broader industry context or trends.
Related Party Transactions
- Indirect beneficial ownership includes 1,000 shares held by the reporting person's spouse's IRA.
Stakeholder Impact
- Shareholders: The acquisition by an executive may be viewed as a minor positive signal of management's confidence in the company, though the transaction size is small.
Key Dates
| Date | Description |
|---|---|
| 12/31/2025 | Date of plan statement for shares held in trust under the Issuer's Retirement Plan. |
| 01/09/2026 | Date of the reported transaction for common stock acquisition. |
| 01/12/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Leggett & Platt, LEG, Insider Trading, Stock Acquisition, Executive Compensation, Common Stock, Beneficial Ownership
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