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

Sentiment:

SEC Form 4 Filing


EVP-Chief Strategic Plan. Off. Ryan Michael Kleiboeker reports acquisition of Leggett & Platt Inc. common stock.

Summary

  • Ryan Michael Kleiboeker, EVP-Chief Strategic Plan. Off. of Leggett & Platt Inc., reported the acquisition of common stock on April 4, 2025.
  • The transactions involved the acquisition of 120.2782 shares at $6.1115 and 277.4948 shares at $5.752.
  • Following the reported transactions, Kleiboeker directly owns 80,549.5503 shares of common stock.
  • Kleiboeker also indirectly owns 1,000 shares through a spouse's IRA and 855.742 shares held in trust under the Issuer's Retirement Plan.
  • The report also reflects the acquisition of 3.757 shares under the Issuer's 401(k) Plan in transactions exempt under Rule 16b-3(c).
  • The information is based on a plan statement dated as of March 31, 2025.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It reflects insider trading activity, which can be interpreted in various ways but doesn't inherently indicate positive or negative sentiment.

Positives

  • The executive's stock purchases could be interpreted as a positive signal about their confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The stock acquisitions by a company executive could influence investor sentiment.

Key Dates

DateDescription
03/31/2025Date of the plan statement for the Issuer's 401(k) Plan.
04/04/2025Date of the stock acquisition transactions.
04/07/2025Date of the signature on the Form 4 filing.

Keywords

Leggett & Platt, stock acquisition, beneficial ownership, Form 4, Kleiboeker, insider trading

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