Form 4: Leggett & Platt EVP Acquires Common Stock

Leggett & Platt's Executive Vice President, Robert S. Smith Jr., acquired additional common stock through pre-arranged transactions.

Summary

• Robert S. Smith Jr., an Executive Vice President and President of Specialty and Furniture, Fixture & Textile (FF&T) at Leggett & Platt Inc. (LEG), acquired common stock.
• The transactions occurred on January 9, 2026, and were made pursuant to a Rule 10b5-1(c) plan.
• A total of 90.3589 shares of common stock were acquired at a price of $10.4635 per share.
• An additional 164.0313 shares of common stock were acquired at a price of $9.848 per share.
• Following these acquisitions, Robert S. Smith Jr. directly beneficially owns a total of 107,529.3195 shares of common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by an executive, even if planned, generally indicates confidence in the company's future performance, contributing to a moderately positive sentiment.

Positives

• An executive officer, Robert S. Smith Jr., acquired additional shares of the company's common stock, which can signal confidence in the company's future prospects.
• The acquisitions were made under a Rule 10b5-1 plan, indicating a pre-planned investment strategy by the insider.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This insider transaction report is specific to Leggett & Platt and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may view the insider's acquisition of shares as a positive signal of management's belief in the company's value and future prospects.

Key Dates

Recommendation

While insider buying is generally a positive signal, these are relatively small, pre-planned acquisitions under a 10b5-1 plan. Such transactions, on their own, are typically not significant enough to warrant a change in a seasoned investor's or institution's recommendation from a 'hold' position, but they do provide a minor affirmation of management's confidence.

Keywords

Leggett & Platt, LEG, Insider Trading, Form 4, Stock Acquisition, Robert S. Smith Jr., EVP, Common Stock, 10b5-1 Plan