Form 4: Leggett & Platt Executive Ryan Kleiboeker Reports Stock Acquisitions

Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. at Leggett & Platt, reports acquiring company stock through various transactions.

Summary

• Ryan Michael Kleiboeker, an executive at Leggett & Platt, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On October 4, 2024, Kleiboeker acquired 61.8701 shares at $11.4325 and 214.4693 shares at $10.76.
• He also indirectly owns 1,000 shares through his spouse's IRA and 849.013 shares held in trust under the Issuer's Retirement Plan.
• His total direct holdings after these transactions amount to 55,231.5964 shares.
• The report also reflects an updated balance to include the acquisition of 3.3310 shares under the Issuer's 401(k) Plan based on a plan statement dated September 30, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard disclosure of stock transactions by an executive.

Positives

• The executive's increased stock ownership could be interpreted as a positive sign of confidence in the company's future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock transactions.

Key Dates