Form 4: Leggett & Platt EVP Acquires Shares
Insider Transaction Report
Leggett & Platt's EVP and General Counsel, Jennifer Joy Davis, acquired 85.0312 shares of common stock at $10.3275 per share as part of a pre-planned transaction.
Summary
- Jennifer Joy Davis, Executive Vice President and General Counsel of Leggett & Platt Inc. (LEG), acquired 85.0312 shares of the company's common stock.
- The transaction took place on January 23, 2026, with shares purchased at a price of $10.3275 each.
- Following this acquisition, Ms. Davis directly holds 86,602.935 shares of Leggett & Platt common stock.
- This transaction was executed under a Rule 10b5-1(c) pre-planned trading arrangement.
Sentiment
Score: 6
Explanation: Slightly positive due to insider buying, indicating confidence, though the transaction size is small and pre-planned.
Positives
- The acquisition of shares by an insider, such as an EVP and General Counsel, can signal management's confidence in the company's future prospects and valuation.
- The transaction was conducted under a Rule 10b5-1(c) plan, indicating a structured and pre-scheduled approach to insider trading.
Stakeholder Impact
- Shareholders may interpret the insider purchase as a minor positive signal of management's confidence in the company's valuation and future performance.
Key Dates
| Date | Description |
|---|---|
| 01/23/2026 | Date of common stock acquisition by Jennifer Joy Davis. |
| 01/26/2026 | Date the Form 4 was signed and filed. |
Keywords
Leggett & Platt, LEG, Insider Trading, Form 4, Stock Acquisition, Jennifer Joy Davis, EVP General Counsel, 10b5-1 Plan
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