Form 4: Leggett & Platt EVP Acquires Common Stock

Sentiment:

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

DateDescription
12/31/2025Date of plan statement for shares held in trust under the Issuer's Retirement Plan.
01/09/2026Date of the reported transaction for common stock acquisition.
01/12/2026Date 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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