Form 4: Leggett & Platt Executive Robert S. Smith Jr. Reports Stock Disposal
SEC Filing
Robert S. Smith Jr., an EVP at Leggett & Platt, reported disposing of 1,341 shares of common stock on February 26, 2025, to cover tax obligations.
Summary
- Robert S. Smith Jr., an Executive Vice President at Leggett & Platt, filed a Form 4 with the SEC.
- The form reports a transaction where 1,341 shares of Leggett & Platt common stock were disposed of on February 26, 2025.
- The shares were disposed of at a price of $9.41 per share.
- Following the transaction, Smith directly owns 42,314.3709 shares of Leggett & Platt common stock.
Sentiment
Score: 5
Explanation: This is a neutral informational filing. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a stock disposal by an executive, which is a common occurrence for managing personal finances and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock disposal transaction |
| 02/27/2025 | Date of signature on the Form 4 filing |
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