Form 4: Leggett & Platt Executive Benjamin Burns Reports Stock Acquisitions
SEC Form 4 Filing
Executive Vice President and CFO of Leggett & Platt, Benjamin Michael Burns, reports acquiring common stock through transactions on March 21, 2025.
Summary
- On March 21, 2025, Benjamin Michael Burns, the Executive Vice President and CFO of Leggett & Platt, acquired common stock in two separate transactions.
- The first transaction involved the acquisition of 142.3644 shares at a price of $6.987 per share.
- The second transaction involved the acquisition of 321.6834 shares at a price of $6.576 per share.
- Following these transactions, Burns directly owns 135,767.4999 shares of Leggett & Platt common stock.
- Burns also indirectly owns 30.733 shares held in trust under the issuer's retirement plan and 1,272.9388 shares held by spouse.
- Burns also indirectly owns 23.924 shares held in trust under the issuer's retirement plan by spouse.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by an executive. It doesn't inherently indicate positive or negative performance for the company.
Positives
- The reporting person increased their holdings in the company, which could be interpreted as a positive signal.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings are monitored to ensure compliance with securities regulations and to provide transparency to investors.
Stakeholder Impact
- The stock acquisitions by a company executive could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of stock acquisition transactions. |
| 03/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Leggett & Platt, Benjamin Michael Burns, stock acquisition, Form 4, executive compensation, insider trading
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