Form 4: Leggett & Platt Executive Benjamin Burns Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Executive Vice President and CFO of Leggett & Platt, Benjamin Michael Burns, reports the disposal of 224 shares of common stock on February 24, 2025.

Summary

  • On February 24, 2025, Benjamin Michael Burns, Executive Vice President and CFO of Leggett & Platt, disposed of 224 shares of common stock at a price of $9.58.
  • Following the transaction, Burns directly owns 86,071.417 shares of Leggett & Platt common stock.
  • Burns also indirectly owns 30.733 shares held in trust under the issuer's retirement plan, 1,272.9388 shares by spouse, and 23.924 shares held in trust under the issuer's retirement plan by spouse.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their executives.
  • The information disclosed is consistent with regulatory requirements for insider trading reporting.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders as it reflects an executive's decision to sell a small portion of their holdings.

Key Dates

DateDescription
02/24/2025Date of stock disposal transaction
02/25/2025Date of signature by attorney-in-fact

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.