Form 4: Leggett & Platt Executive Increases Stake with Recent Stock Acquisitions

Ryan Michael Kleiboeker, EVP-Chief Strategic Planning Officer at Leggett & Platt Inc., has acquired additional shares of common stock, increasing his direct beneficial ownership.

Summary

• Ryan Michael Kleiboeker, EVP-Chief Strategic Planning Officer of Leggett & Platt Inc. (LEG), acquired additional shares of common stock on July 11, 2025.
• He acquired 85.3702 shares at a price of $8.6105 per share.
• He also acquired 196.9583 shares at a price of $8.104 per share.
• Following these transactions, direct beneficial ownership stands at 82,999.4726 shares.
• Additionally, indirect beneficial ownership includes 1,000 shares through a spouse's IRA and 862.061 shares held in trust under the Issuer's Retirement Plan.
• The balance of shares held in trust under the Issuer's Retirement Plan was updated to reflect the acquisition of 6.319 shares under the Issuer's 401(k) Plan, which are exempt under Rule 16b-3(c), based on a plan statement dated June 30, 2025.

Sentiment

Score: 7

Explanation: The acquisition of shares by a key executive is generally viewed as a positive signal, indicating management's confidence in the company's prospects.

Positives

• The EVP-Chief Strategic Planning Officer, Ryan Michael Kleiboeker, increased direct beneficial ownership in Leggett & Platt Inc. through two separate acquisitions.
• Insider purchases can signal management's confidence in the company's future prospects and valuation.

Negatives

• No negative information is disclosed in this Form 4 filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing reports past insider transactions and does not provide any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is specific to Leggett & Platt Inc. and its insider, Ryan Michael Kleiboeker, and does not provide information indicative of broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders may view the insider stock acquisition as a positive indicator of management's belief in the company's value and future growth, potentially boosting investor confidence.

Next Steps

• No future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Recommendation

Keywords

Leggett & Platt, LEG, Insider Trading, Stock Acquisition, Form 4, Beneficial Ownership, Executive Stock Purchase, Ryan Michael Kleiboeker