Form 4: Leggett & Platt EVP Chief HR Officer, Lindsey Nicole Odaffer, Reports Beneficial Ownership Changes

Sentiment:

SEC Form 4 Filing


Lindsey Nicole Odaffer, EVP Chief HR Officer of Leggett & Platt Inc, reports changes in beneficial ownership of company stock through recent transactions.

Summary

  • Lindsey Nicole Odaffer, EVP Chief HR Officer of Leggett & Platt Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On April 4, 2025, Odaffer acquired 110.8386 shares of common stock at $6.1115 per share and 334.6662 shares at $5.752 per share.
  • Following these transactions, Odaffer directly owns 52,760.4887 shares of Leggett & Platt common stock.
  • Odaffer also indirectly owns 24.576 shares held in trust under the Issuer's Retirement Plan.
  • The report reflects an updated balance to include the acquisition of 0.113 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c).
  • The information is based on a plan statement dated March 31, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the stock transactions of a key executive.

Key Dates

DateDescription
03/31/2025Date of the plan statement for the Issuer's 401(k) Plan.
04/04/2025Date of the stock transactions.
04/07/2025Date of the signature on the report.

Keywords

Form 4, Beneficial Ownership, Leggett & Platt, Stock Acquisition, Executive Officer, Odaffer, LEG

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.