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 January 15, 2025.

Summary

• Ryan Michael Kleiboeker, an Executive Vice President at Leggett & Platt Inc., filed a Form 4 indicating changes in his beneficial ownership of the company's stock.
• On January 15, 2025, Mr. Kleiboeker acquired 62.7301 shares of common stock at a price of $9.1205 per share.
• He also acquired 58.4541 shares of common stock at a price of $8.584 per share on the same day.
• Following these transactions, Mr. Kleiboeker directly owns 57,638.2021 shares of common stock.
• Additionally, he indirectly owns 1,000 shares through his spouse's IRA and 851.985 shares held in trust under the company's retirement plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no positive or negative implications for the company's performance.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, as mandated by the SEC.
• These filings are used to ensure transparency in insider trading activities and are comparable across all companies listed on US exchanges.

Stakeholder Impact

• The stock transactions may have a minor impact on the overall shareholding structure of the company.

Key Dates

Keywords

Leggett & Platt, stock transaction, Form 4, beneficial ownership, executive, Ryan Michael Kleiboeker, share acquisition