Form 4: Leggett & Platt Exec Boosts Stake in Common Stock

Leggett & Platt's EVP-Chief Strategic Planning Officer, Ryan Michael Kleiboeker, acquired additional common stock, increasing his direct beneficial ownership.

Summary

• Ryan Michael Kleiboeker, the Executive Vice President and Chief Strategic Planning Officer of Leggett & Platt Inc. (LEG), reported changes in his beneficial ownership.
• On September 19, 2025, Mr. Kleiboeker acquired 92.1962 shares of Leggett & Platt common stock at a price of $7.973 per share.
• On the same date, he acquired an additional 212.7066 shares of common stock at a price of $7.504 per share.
• These transactions were made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged purchase plan.
• Following these acquisitions, Mr. Kleiboeker's direct beneficial ownership of common stock increased to 84,660.0408 shares.
• He also holds indirect beneficial ownership of 1,000 shares through his spouse's IRA and 862.061 shares held in trust under the issuer's retirement plan.

Sentiment

Score: 7

Explanation: The acquisition of additional shares by a high-ranking executive is generally viewed as a positive signal, reflecting management's confidence in the company's future performance and strategic direction.

Positives

• The acquisition of additional common stock by a key executive, Ryan Michael Kleiboeker, signals confidence in the company's future prospects and strategic direction.
• The transactions were conducted under a Rule 10b5-1 plan, demonstrating a pre-planned investment strategy by management.

Related Party Transactions

• EVP-Chief Strategic Planning Officer Ryan Michael Kleiboeker acquired common stock of Leggett & Platt Inc. on September 19, 2025, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders may interpret the executive's stock purchase as a positive indicator of future company performance and management alignment with shareholder interests.

Key Dates

Recommendation

The EVP-Chief Strategic Planning Officer's decision to increase his direct stake in Leggett & Platt Inc. suggests strong internal confidence in the company's strategic initiatives and future performance, making it a potentially attractive entry point for investors.

Keywords

Leggett & Platt, LEG, Insider Trading, Form 4, Beneficial Ownership, Stock Acquisition, Executive Stock Purchase, 10b5-1 Plan