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 company stock through transactions on July 15, 2024.
Summary
- On July 15, 2024, Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, acquired shares of Leggett & Platt Inc. common stock.
- Burns acquired 70.1233 shares at $10.302 per share and 43.4334 shares at $9.696 per share.
- Following these transactions, Burns directly owns 82,463.5593 shares.
- Burns also indirectly owns 30.499 shares held in trust under the issuer's retirement plan, 1,272.9388 shares held by spouse, and 23.736 shares held in trust under the issuer's retirement plan by spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The filing indicates an executive's investment in the company's stock, which can be seen as a positive signal.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- Shareholders may view the executive's stock purchase as a sign of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of stock acquisition transactions. |
| 07/16/2024 | Date of signature for the Form 4 filing. |
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