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

Leggett & Platt's EVP and General Counsel, Jennifer Joy Davis, disposed of 593 shares of common stock to cover tax withholding obligations.

Summary

• Jennifer Joy Davis, Executive Vice President and General Counsel of Leggett & Platt Inc. (LEG), reported a transaction.
• On January 20, 2026, Davis disposed of 593 shares of Leggett & Platt Common Stock.
• The disposition was made at a price of $12.13 per share.
• This transaction was coded as 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this transaction, Davis beneficially owns 86,517.9038 shares of Common Stock.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine disposition of shares to cover tax withholding obligations, which is a common and expected event for executives and does not reflect a change in investment sentiment.

Future Outlook

NA

Industry Context

This is an individual insider transaction and does not directly relate to broader industry trends or competitive landscape.

Related Party Transactions

• Disposition of 593 shares of common stock to the issuer to satisfy tax withholding obligations.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Recommendation

The reported transaction is a routine disposition of shares by an executive to satisfy tax withholding obligations, which is a common and non-discretionary event. It does not indicate a change in the executive's confidence in the company or signal any fundamental shift in the company's prospects. Therefore, it does not provide a basis for altering an existing investment recommendation.

Keywords

Leggett & Platt, LEG, Form 4, Insider Trading, Stock Transaction, Jennifer Joy Davis, EVP General Counsel, Common Stock, Tax Withholding