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 on January 24, 2025.

Summary

• Ryan Michael Kleiboeker, an Executive Vice President at Leggett & Platt Inc., filed a Form 4 disclosing transactions in the company's common stock.
• On January 24, 2025, Mr. Kleiboeker acquired 77.723 shares at a price of $9.0865 per share and 179.8948 shares at a price of $8.552 per share.
• Following these transactions, Mr. Kleiboeker directly owns 57,750.8199 shares of Leggett & Platt common stock.
• Additionally, Mr. Kleiboeker 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 regulatory filing detailing stock transactions. It does not indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, as mandated by the Securities and Exchange Commission (SEC).
• Similar filings are made by executives at companies like Tempur Sealy International (TPX) and Sleep Number Corporation (SNBR), which are competitors in the bedding and furniture industry.
• The level of detail and the reporting requirements are consistent across all companies subject to SEC regulations.

Stakeholder Impact

• The stock transactions by an executive may be of interest to shareholders as it provides insight into management's view of the company's value.
• The transactions are unlikely to have a direct impact on employees, customers, or suppliers.

Key Dates

Keywords

Form 4, Leggett & Platt, stock transaction, insider trading, Ryan Kleiboeker, common stock, executive, share acquisition