Form 4: Leggett & Platt Executive Jennifer Davis Reports Stock Disposals

Executive Vice President and General Counsel of Leggett & Platt, Jennifer Davis, reported the disposal of company stock to cover tax obligations.

Summary

• Jennifer Davis, EVP and General Counsel at Leggett & Platt, reported the disposal of 69 and 208 shares of common stock on January 21, 2025.
• The shares were disposed of at a price of $10.91 per share.
• These transactions were made to cover tax obligations related to stock awards.
• Following these transactions, Ms. Davis beneficially owns 44,932.3425 shares of Leggett & Platt common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock transactions by an executive. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies. It does not indicate any specific trend or issue within the industry.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies like Leggett & Platt.
• These transactions are typically related to compensation and tax obligations.
• The reporting of these transactions is mandated by the SEC to ensure transparency and prevent insider trading.
• Similar filings can be seen from executives at comparable companies such as Tempur Sealy International and Sleep Number.

Stakeholder Impact

• The stock disposals have a minimal impact on shareholders as they are routine transactions by an executive.
• The transactions do not affect the company's operations or financial health.

Key Dates

Keywords

Leggett & Platt, stock disposal, insider trading, Jennifer Davis, executive compensation, SEC Form 4, tax obligations