Form 4: Leggett & Platt Executive Acquires Additional Common Stock Under 10b5-1 Plan
Insider Transaction Report
James Tyson Hagale, EVP and President of Bedding Products at Leggett & Platt Inc., acquired additional shares of common stock through pre-arranged transactions.
Summary
- James Tyson Hagale, Executive Vice President and President of Bedding Products for Leggett & Platt Inc. (LEG), acquired additional shares of the company's common stock.
- On July 11, 2025, Mr. Hagale acquired 126.6883 shares of common stock at a price of $8.6105 per share.
- On the same date, July 11, 2025, an additional 284.7594 shares of common stock were acquired at a price of $8.104 per share.
- These transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
- Following these reported transactions, Mr. Hagale's direct beneficial ownership of common stock increased to 139,700.2038 shares.
Sentiment
Score: 7
Explanation: The acquisition of additional shares by a key executive, particularly under a Rule 10b5-1 plan, generally signals management's confidence in the company's future prospects, which is a positive indicator.
Positives
- The acquisition of additional shares by a key executive, James Tyson Hagale, signals management's confidence in the company's future prospects.
- The transactions were conducted under a Rule 10b5-1 plan, indicating pre-planned and systematic share acquisitions.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders may view the executive's acquisition of additional shares as a positive signal, potentially increasing confidence in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 07/11/2025 | Date of earliest transaction for common stock acquisition by James Tyson Hagale. |
| 07/14/2025 | Date the Form 4 was signed by Stanley Scott Luton, attorney-in-fact for James Tyson Hagale. |
Keywords
Leggett & Platt, LEG, Insider Trading, Stock Acquisition, Form 4, SEC Filing, James Tyson Hagale, Common Stock, Rule 10b5-1
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