Form 4: Leggett & Platt Executive Reports Stock Disposal
SEC Form 4 Filing
Robert S. Smith Jr., an executive at Leggett & Platt, disposed of 187 shares of common stock to cover tax obligations.
Summary
- On March 10, 2025, Robert S. Smith Jr., EVP, Pres. Spec. and FF&T of Leggett & Platt Inc., disposed of 187 shares of common stock.
- The transaction was executed at a price of $8.25 per share.
- Following the transaction, Smith directly owns 94,222.981 shares of Leggett & Platt common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a relatively small transaction by an executive, likely related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of stock disposal transaction |
| 03/11/2025 | Date of signature on the Form 4 filing |
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