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

Executive Vice President Ryan Michael Kleiboeker of Leggett & Platt Inc. reported acquiring shares of common stock through transactions on November 27, 2024.

Summary

• Ryan Michael Kleiboeker, an Executive Vice President at Leggett & Platt Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On November 27, 2024, Kleiboeker acquired 66.1489 shares of common stock at a price of $10.693 per share.
• He also acquired 229.3015 shares of common stock at a price of $10.064 per share.
• Following these transactions, Kleiboeker directly owns 56,513.652 shares of common stock.
• Additionally, he indirectly owns 1,000 shares through his spouse's IRA and 849.013 shares held in trust under the company's retirement plan.

Sentiment

Score: 6

Explanation: The document is a routine filing of stock transactions by an executive. It is neither particularly positive nor negative, but the purchase of shares could be seen as a slightly positive sign.

Positives

• The executive's purchase of shares could be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to insider trading and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are relatively small compared to the overall market capitalization of Leggett & Platt, and are not unusual for executive stock purchases.

Stakeholder Impact

• The stock purchases by an executive could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Leggett & Platt, Ryan Kleiboeker, Form 4, stock acquisition, insider trading, executive compensation, share ownership