Form 4: Leggett & Platt EVP Jennifer Joy Davis Reports Stock Disposal

Jennifer Joy Davis, EVP and General Counsel of Leggett & Platt, reports the disposal of 1,823 shares of common stock to cover tax obligations.

Summary

• Jennifer Joy Davis, an Executive Vice President and General Counsel at Leggett & Platt Inc. (LEG), filed a Form 4 with the SEC on February 27, 2025.
• The form reports a transaction that occurred on February 26, 2025, where Davis disposed of 1,823 shares of Leggett & Platt common stock.
• The disposal was to cover tax obligations, with the shares being disposed of at a price of $9.41 per share.
• Following the transaction, Davis beneficially owns 43,585.0215 shares of Leggett & Platt common stock directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related stock disposal, which is common among executives.

Stakeholder Impact

• The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares involved.

Key Dates