Form 4: Leggett & Platt EVP Sells Shares for Tax Liability

Leggett & Platt's EVP, Robert S. Smith Jr., disposed of 394 common shares at $12.13 each to cover tax liabilities under a pre-arranged plan.

Summary

• Robert S. Smith Jr., Executive Vice President and President of Specialized and Furniture, Fixture & Textile Products at Leggett & Platt Inc. (LEG), reported an insider transaction.
• On January 20, 2026, Smith disposed of 394 shares of Leggett & Platt common stock.
• The shares were disposed of at a price of $12.13 per share.
• This transaction was coded as 'F', indicating a payment of tax liability by delivering or withholding securities, executed under a Rule 10b5-1 plan.
• Following this transaction, Smith beneficially owns 107,354.9091 shares of Leggett & Platt common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax withholding purposes, executed under a Rule 10b5-1 plan, not a discretionary sale or purchase, thus indicating a neutral sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal direct impact on shareholders as this is a small, non-discretionary transaction for tax purposes.

Key Dates

Keywords

Leggett & Platt, LEG, Insider Transaction, Form 4, Robert S Smith Jr, Common Stock, Tax Withholding, Officer Transaction, Rule 10b5-1