Form 4: Leggett & Platt Executive Ryan Kleiboeker Reports Stock Acquisitions
SEC Form 4
Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. at Leggett & Platt Inc, reports acquiring company stock through direct purchases.
Summary
- On April 15, 2024, Ryan Michael Kleiboeker, an EVP-Chief Strategic Plan. Off. at Leggett & Platt Inc, acquired shares of common stock.
- He acquired 300.0033 shares at $14.9685 per share and 174.5251 shares at $14.088 per share.
- Following these transactions, Kleiboeker directly owns 31,331.7832 shares.
- He also indirectly owns 1,000 shares through his spouse's IRA and 824.2938 shares held in trust under the issuer's retirement plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by an executive. The purchases themselves could be seen as mildly positive, but the filing is primarily informational.
Positives
- The executive's purchase of company stock could be interpreted as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for insights into management's perspective on the company's stock value and future prospects.
Stakeholder Impact
- The stock purchase by an executive could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock acquisition transactions |
| 04/16/2024 | Date of signature for the Form 4 filing |
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